Amazon is a multinational technology company whose AWS cloud platform provides AI infrastructure (SageMaker, Bedrock) and hosts third-party LLMs. Amazon also develops Alexa and the Titan model family.
Amazon employees have identified cases of "catastrophically expensive" cost overruns from internal AI usage, including a $1.8 million overspend using Anthropic's Claude Sonnet AI for a product listing…
Alphabet, Microsoft, Meta, and Amazon are collectively spending over $200 billion annually on AI infrastructure, with margins compressing as costs outpace revenue growth. Analysts at Goldman Sachs and…
Internal Amazon documents leaked on July 31 reveal a Claude Sonnet project that consumed $1.8 million — 860% over its original budget — before anyone noticed, and the project never shipped. The task, …
Open-weight models accounted for 79.1% of all token usage on Kilo, a model routing platform, as of the week of July 20, 2026, according to data released by Kilo. The data supports the Open Weights and…
OpenAI CEO Sam Altman suggested the AI industry should 'pace' itself, days after one of OpenAI's models was involved in a breach at Hugging Face, and both OpenAI and Anthropic have supported a petitio…
Intuit's online assessment for software and AI engineer candidates includes three questions covering coding, SQL, and Bash scripting. The coding problem involves counting valid assignments for arrays …
Amazon's AWS cloud business reported a 37% sales surge in the second quarter, accelerating growth by 8 percentage points sequentially, with margins up 520 basis points to 38.1%. AWS's backlog reached …
Apple Inc. briefly reached a $5 trillion market value on Tuesday, becoming only the second company in history to hit that milestone, less than a year after first surpassing $4 trillion. The company re…
Michael Burry warned on 27 July that Big Tech's heavy AI spending is hurting stocks, with Amazon, Alphabet, Meta, and Microsoft expected to spend roughly $725B (£543B) on capital projects this year, w…
Amazon, Google, Microsoft, and Meta collectively raised capital expenditures to $165 billion in Q2, an 87% increase year-over-year and a 393% rise over three years, signaling a major push into AI infr…
Memory chip stocks rallied on Friday, July 31, after a week of declines, with Samsung Electronics Co. and SK Hynix Inc. jumping 26.81% and 29.95% respectively, and Micron Technology and Sandisk Corpor…
South Korea's KOSPI index posted its largest single-day gain in history on Friday, jumping 1,001.89 points, or 17.91%, to close at 6,595.45, as SK Hynix surged 29.95% and Samsung Electronics climbed 2…
Federal regulators approved Amazon's Zoox fully autonomous vehicles to charge for rides without steering wheels, pending state and local approval, and proposed a rule to allow robotaxis without brake …
Amazon stock soared 10% in premarket trading on Friday after the company topped second-quarter expectations, with AWS revenue up 36.7% to $42.2 billion and AI and custom chip businesses each surpassin…
Apple CEO Tim Cook said on a late Thursday earnings call that the company faces a '100-year flood' in memory chip pricing, with exponential increases, prompting Apple to raise prices by $150 to $300 a…
Equinix Inc. plans to raise at least $3 billion through a US investment-grade bond sale to fund AI infrastructure expansion, including property acquisitions and development projects. The company, whic…
Amazon shares jumped more than 12% after its cloud division posted its fastest growth in over four years, easing investor fears about its AI spending. Amazon Web Services grew 37% in the second quarte…
U.S. equity funds attracted a net $11.83 billion in the week to July 29, snapping a two-week streak of outflows, according to LSEG Lipper data. Investors bought $11.57 billion in large-cap funds, the …
Apollo President argues that America's industrial comeback requires a new financial playbook and a fatter checkbook, as the capital-intensive boom in AI, energy, and manufacturing outpaces any single …
Oracle Corp. founder Larry Ellison is making an all-in bet on AI infrastructure, spending at hyperscaler levels to build GPU-packed data centers he calls 'AI factories,' a strategy that could either s…