Amazon Taking Bids for Computing Resources
Amazon has launched a new product that offers up cloud computing possibilities in a model reminiscent of Google AdWords.
Called Spot Instances, it allows users to specify the price they want to pay for access to to resources in the Amazon Elastic Compute Cloud. Users can set other parameters, too, such as the region where they’d like a job to run.
For its part, Amazon gives its unused resources a “spot price” which fluctuates based on how heavily its cloud is being used at a given time. When a user’s bid exceeds the spot price, the job runs.
This is obviously a great deal for Amazon, since the company can ensure that it’s getting paid for as much of its capacity as possible at any given moment. It’s interesting to see the auction model popularized by Google’s wildly successful advertising network moving into other types of Internet business.
Geoffrey Hinton tells us why he’s now scared of the tech he helped build
“I have suddenly switched my views on whether these things are going to be more intelligent than us.”
Meet the people who use Notion to plan their whole lives
The workplace tool’s appeal extends far beyond organizing work projects. Many users find it’s just as useful for managing their free time.
Learning to code isn’t enough
Historically, learn-to-code efforts have provided opportunities for the few, but new efforts are aiming to be inclusive.
Deep learning pioneer Geoffrey Hinton has quit Google
Hinton will be speaking at EmTech Digital on Wednesday.
Get the latest updates from
MIT Technology Review
Discover special offers, top stories, upcoming events, and more.