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.
The Magnificent 7 tech stocks lost $2.3 trillion in market value in June 2026 as investors doubted near-term returns from AI infrastructure spending, while chipmakers rallied on component shortages. W…
The memory shortage driving consumer electronics price hikes is worsening as AI data center buildouts divert capacity from consumer products. Analysts and CEOs expect pricing pressures to persist into…
Rivian CEO RJ Scaringe wants his electric vehicle company to be compared to Apple and Nike rather than Tesla, emphasizing product quality and brand identity over competing directly with Tesla's scale.…
American employers announced 97,006 job cuts in May 2026, the steepest monthly figure since January and the worst May since 2020, with artificial intelligence tied to 38,579 of the cuts, roughly 40% o…
Amazon is offering an 18% discount on the Gigabyte AERO X16 laptop, reducing its price to $1,699. The ultra-portable laptop features an NVIDIA GeForce RTX 5070 GPU, AMD Ryzen AI 9 HX 370 processor, 32…
Samsung's 98-inch Crystal UHD 4K TV has dropped to its lowest price ever on Amazon, now available for $1,397.99. The 2024 model features a 120Hz refresh rate, Motion Xcelerator, and a Crystal processo…
The Magnificent Seven tech stocks lost over $2.3 trillion in market value in June, as investors demand proof that AI revenue can catch up with massive infrastructure spending. The selloff reflects a s…
The S&P 500 crossed 7,600 for the first time in June and is closing Q2 2026 with roughly 11% gains, powered almost entirely by AI infrastructure spending. The rally is cracking open an IPO and funding…
Cisco plans to lay off 471 workers in three Bay Area offices, according to notices filed with California's Employment Development Department. The cuts come as the company restructures to prioritize in…
The ASUS ROG Strix 27-inch dual-mode gaming monitor with Fast IPS display dropped to a record-low price of $299.99 on Amazon, a 25% discount. The monitor can switch between 4K at 160Hz and FHD at 324H…
The European Union's Tech Sovereignty Package aims to triple data center capacity within five to seven years to reduce reliance on American cloud providers, but faces power and planning challenges. Ic…
Aivolut AI Book Creator, a tool that uses large language models to generate full-length manuscripts, is available for $39.19 (down from $456) during Deal Days through June 28 with code EXTRA20. The li…
Hugging Face CEO Clem Delangue criticized Anthropic's restricted release of its Claude Mythos model, arguing that labeling AI as 'too dangerous to release' serves as effective enterprise marketing rat…
Amazon faces higher costs under a renegotiated token-based pricing contract with Anthropic, prompting the e-commerce giant to explore alternatives including a potential deal with OpenAI. The tensions …
Senator Mark Warner is preparing a discussion draft bill that would impose a "duty of loyalty" on AI agents, requiring them to prioritize users' interests over those of developers, platforms, or adver…
Amazon is replacing Android with its in-house VegaOS on Fire TV devices, citing lower hardware costs and improved security, but the move breaks compatibility with thousands of existing Android apps an…
The Bank for International Settlements warned that the AI investment boom could trigger a market crash if returns disappoint, noting that five major tech firms are on track to spend over $1 trillion o…
Amazon engineers are distilling Anthropic's AI models into smaller, cheaper versions for internal use ahead of a switch to token-based pricing next year, which could increase costs. The company is als…
Asymco analyst Horace Dediu argues that hyperscaler AI spending is not heading for a bust, comparing it to Amazon's early infrastructure investment. He notes that while profits are thin due to reinves…
The Sennheiser HD 650 headphone has dropped to $284 on Amazon, its lowest price in 18 months, down from an average of $348. The open-back audiophile headset, known for its sound quality and engineerin…