Amazon
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techAmazon CEO Jassy Details AI Investment Surge in Shareholder Letter
Amazon CEO Andy Jassy's latest shareholder letter highlights massive AI infrastructure investment and significant growth in AWS custom silicon, signaling a strategic shift for the tech giant.
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techAmazon Cloud AI Revenue Surpasses $15 Billion Run Rate
Amazon's cloud division reports AI revenue run rate exceeding $15 billion in Q1 2026, with CEO Andy Jassy highlighting rapid growth and chip business milestones.
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techAnthropic Restricts Access to New Cybersecurity AI 'Mythos' Amid Security Concerns
AI company Anthropic limits access to its powerful new cybersecurity model, Mythos, following recent data leaks and concerns over its dual capabilities.
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techUber Taps Amazon's Custom Chips for AI Advancement
Uber is leveraging Amazon's custom Graviton and Trainium chips to enhance its AI capabilities, optimize ride-matching, and personalize user experiences.
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techTech Giants Face Shareholder Pressure Over Water Use
Amazon, Microsoft, and Google under scrutiny for data center water consumption amid growing environmental concerns.
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techAmazon Talks Globalstar Buy for $9B
Amazon negotiates $9B acquisition of Globalstar to compete with SpaceX's Starlink. Shares surge 24%.
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techOpenAI Raises $122B in Record Funding Round
OpenAI secures $122 billion at an $852 billion valuation, led by Amazon, Nvidia, and SoftBank.
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techOracle Begins Mass Layoffs Amid AI Spending Push
Oracle starts large-scale layoffs as it shifts focus to AI infrastructure, joining broader tech sector trend.