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.
Recursive Superintelligence, a six-month-old AI startup, has signed a $400 million compute deal with Amazon, committing the majority of the $500 million to $650 million it raised in a Series A round t…
A US Government Accountability Office report commissioned by Senator Bernie Sanders found that the number of Amazon workers enrolled in the Supplemental Nutrition Assistance Programme nearly tripled s…
Microsoft will report its fourth quarter earnings after the bell on Wednesday as investors question the company's AI spending and look for signs of strong returns on its massive investments. The compa…
Amazon is winding down most of its in-house Nova AI models, including Premier, Omni, Reel, and Canvas, to shift resources toward a new frontier-model effort led by researcher Pieter Abbeel, according …
Amazon is outspending Alphabet on artificial intelligence, but the investment does not make AMZN stock a sell, according to a recent analysis. The report highlights that despite higher AI spending, Am…
Fitch Ratings warns that a correction in artificial intelligence markets has become a major global credit risk, as Asia's AI-linked stocks tumbled amid concerns over spending and Chinese competition. …
Fitch Ratings warned that the AI boom and the risk of a correction are emerging as major global credit risks, with the U.S. S&P 500's cyclically adjusted price-to-earnings ratio climbing to levels clo…
Amazon is winding down most of its flagship AI models as part of a strategy overhaul, Business Insider reported. The move affects several of the company's high-profile artificial intelligence offering…
Nasdaq futures fell 0.69% on Tuesday as AI chip stocks plunged, with Micron Technology down 4.6% and Applied Materials dropping 3.5% in premarket trading, reflecting deepening anxiety over the sustain…
United Nations Secretary-General António Guterres is calling for all data centers to be powered by renewable energy by 2030, but energy analysts say the goal is unrealistic given current grid constrai…
AI companies Anthropic and OpenAI have surpassed major consumer brands like Starbucks and McDonald’s in annual revenue, reaching approximately $120 billion combined, according to an Axios report. Anth…
Amazon is overhauling its AI strategy, winding down most of its in-house flagship Nova models including Premier, Omni, Reel, and Canvas, and reorganizing teams to focus on a new frontier-model effort …
Innolight (中际旭创, 300308), the world's largest optical module maker and supplier to Microsoft, Google, Amazon, Meta, and Nvidia, crashed 15.97% in a single day last Tuesday, driven by arbitrage mechani…
South Korea's Kospi index plunged more than 10% and Japan's Nikkei slid over 4% on Monday as a deepening sell-off in artificial intelligence-linked stocks, triggered by a Financial Times report showin…
A developer built an open-source MCP server called sorftime-seller-agent that lets Claude automate weekly product research for marketplace sellers. By connecting Claude to live data from Amazon, Walma…
South Korea's KOSPI index crashed 10.84% to close at 6,023.66 on Tuesday, its lowest since April 14, driven by a heavy tech selloff amid growing skepticism over large-scale AI infrastructure investmen…
Nvidia is in talks to guarantee up to $250 billion to help OpenAI lease a massive data center in southern Ohio, deepening a circular-financing pattern that drew scrutiny after the chipmaker announced …
The United States could face "massive capital destruction" from its artificial intelligence investment boom as Chinese open-source AI models increasingly challenge US hyperscalers, according to a Jeff…
Asian markets fell sharply as AI-linked anxiety triggered a tech selloff, with South Korea's KOSPI and Japan's Nikkei suffering steep losses amid concerns over capital requirements and valuation press…
Alphabet, Microsoft, Amazon, Meta, and Oracle are carrying an estimated $1.65 trillion in hidden debt from AI infrastructure spending, according to a Nikkei Asia analysis cited by Futurism. The off-ba…