Amazon Debuts New AI Chips and Models at AWS Re:Invent | Bloomberg Tech 12/2/2025

Amazon Web Services (AWS) has announced the general availability of Amazon S3 Vectors, which allows organizations to store vector embeddings directly in S3 object storage, enhancing capabilities for semantic search and retrieval-augmented generation applications. This development is expected to yield a 90% reduction in vector storage costs, positioning S3 as a more comprehensive solution for data management.

AWS has announced plans to integrate its services with Nvidia's AI Factories, combining advanced Nvidia hardware with Amazon's Trainium chips and AI models. This collaboration aims to enhance the efficiency and capabilities of AI deployment for businesses.

Netflix has discontinued support for casting from mobile devices using the Google Cast protocol, a feature that many travelers relied on for streaming content in hotel rooms. This decision has raised concerns among users who frequently utilize this functionality for convenience while traveling.

Netflix has announced a ban on streaming from mobile devices to TVs, requiring users to utilize the official Netflix app for viewing on most television models. This change marks a significant shift in how users can access content on larger screens, particularly affecting those who relied on casting features.

Dell CEO Michael Dell announced a $6.25 billion initiative to provide 25 million American children with $250 each to start investment accounts, building on the earlier 'Trump accounts' initiative linked to President Donald Trump's One Big Beautiful Bill Act. This announcement was made during an appearance on Bloomberg The Close.

Michael Dell, CEO of Dell Technologies, announced a $6.25 billion initiative to provide $250 each to 25 million American children, aimed at jumpstarting investment accounts for their futures. This initiative builds on the Invest America program, also known as 'Trump accounts,' which was established earlier this year under President Donald Trump's One Big Beautiful Bill Act.

Sanjay Bhakta, the chief product and technology officer at Condé Nast, announced the company's intention to leverage Amazon's 'out-of-the-box' capabilities as they transition from on-premises solutions to cloud-based services during an interview on Bloomberg Tech with Ed Ludlow.

Luma AI, co-founded by Amit Jain, has announced the opening of its new offices in London, marking a significant step in its international expansion strategy. During an interview on Bloomberg Tech with Caroline Hyde, Jain emphasized the importance of Luma's video capabilities in the pursuit of artificial general intelligence (AGI).