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.
Software developers on H-1B visas face a tightening US job market as technology companies redirect spending toward artificial intelligence and rely more on coding assistants, reducing demand for tradi…
Amazon has deployed a new "quasi-random" networking design in its data centers since late last year, claiming it significantly increases data speeds while reducing energy use. The technology, which th…
OpenAI has begun rolling out advertisements on ChatGPT, with software companies making up 34% of the ad placements analyzed by adtech firms, according to data reviewed by Business Insider. The ads, wh…
Major technology firms including Microsoft, Amazon and Oracle have publicly linked layoffs to AI adoption, eliminating tens of thousands of roles, with Meta cutting about 8,000 positions in an AI-focu…
Hedge funds have coined the term "AI capex fatigue" to describe growing investor skepticism about the massive capital spending by Microsoft, Amazon, Alphabet, Meta, Oracle and other hyperscalers on AI…
Anthropic reported $4.8 billion in revenue for the first quarter of 2026 and projected $10.9 billion for the second quarter, marking a 130% sequential jump. The AI company behind the Claude model also…
Anthropic's prediction market valuation surged to 90.5% YES on a $1.25 trillion year-end target, up from 8% in the prior 24 hours, following a revenue report showing $4.8 billion in current earnings a…
Credit default swap volumes on major U.S. tech firms hit record highs in December 2025, with exposure surging 90% since September as investors hedge against $121 billion in new AI-related debt. Oracle…
Snowflake Inc. shares surged after the company issued an upbeat financial outlook and announced a new artificial intelligence partnership with Amazon Web Services. The cloud data platform provider pro…
Apple's newest iPad Air is available at a discount for the first time, with the 11-inch model starting at $519.99 ($79 off) and the 13-inch model dropping to $699 ($100 off) at Amazon. The tablet feat…
Snowflake shares surged 30% in after-hours trading Wednesday after the cloud database company reported first-quarter revenue of $1.39 billion and adjusted earnings of $0.39 per share, both exceeding a…
Synopsys reported Q2 fiscal 2026 earnings that beat Wall Street expectations, posting revenue of $2.409 billion — a 65% year-over-year increase — and non-GAAP earnings per share of $3.77. The electron…
Companies are laying off significant portions of their workforce while publicly attributing the cuts to AI-driven productivity gains, a pattern observed at Amazon, Atlassian, Meta, and Block. GitHub r…
Snowflake signed a $6 billion five-year agreement with Amazon Web Services on Wednesday, securing expanded access to AWS's homegrown Graviton CPU chips for AI workloads. The deal, which nearly matches…
Micron Technology and SK Hynix both surpassed $1 trillion in stock market value this week, driven by surging demand for chips used in artificial intelligence. Micron reached the milestone just 48 days…
Amazon announced 70 recipients of its Amazon Research Awards from 49 universities across 11 countries, funding research in AI for information security, agentic AI, automated reasoning, cryptography, c…
Smartphone shipments are projected to drop 12.9% in 2026, the largest annual decline on record, driven by an artificial intelligence-fueled memory chip shortage that is forcing manufacturers to priori…
Amazon Web Services' operating margins rose 213 basis points quarter-over-quarter, driven by customer spending on Anthropic's Claude through the Bedrock platform, while competitors like Azure, Google …
Amazon's artificial intelligence strategy diverges from other major tech companies by focusing on practical, cost-efficient applications rather than flashy consumer-facing products. The company priori…
PepsiCo is prioritizing "hustle" and curiosity over AI-driven hiring tools as it seeks candidates with entrepreneurial drive and adaptability. The company's approach contrasts with Amazon and other fi…