113 stories tagged #Amazon

  1. Amazon CEO Jassy Details AI Investment Surge in Shareholder Letter
    tech

    Amazon 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.

    last mo. 1 min read
  2. Amazon Cloud AI Revenue Surpasses $15 Billion Run Rate
    tech

    Amazon 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.

    last mo. 1 min read
  3. Anthropic Restricts Access to New Cybersecurity AI 'Mythos' Amid Security Concerns
    tech

    Anthropic 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.

    2mo ago 1 min read
  4. Uber Taps Amazon's Custom Chips for AI Advancement
    tech

    Uber 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.

    2mo ago 1 min read
  5. Tech Giants Face Shareholder Pressure Over Water Use
    tech

    Tech Giants Face Shareholder Pressure Over Water Use

    Amazon, Microsoft, and Google under scrutiny for data center water consumption amid growing environmental concerns.

    2mo ago 2 min read
  6. Amazon Talks Globalstar Buy for $9B
    tech

    Amazon Talks Globalstar Buy for $9B

    Amazon negotiates $9B acquisition of Globalstar to compete with SpaceX's Starlink. Shares surge 24%.

    2mo ago 1 min read
  7. OpenAI Raises $122B in Record Funding Round
    tech

    OpenAI Raises $122B in Record Funding Round

    OpenAI secures $122 billion at an $852 billion valuation, led by Amazon, Nvidia, and SoftBank.

    2mo ago 1 min read
  8. Oracle Begins Mass Layoffs Amid AI Spending Push
    tech

    Oracle Begins Mass Layoffs Amid AI Spending Push

    Oracle starts large-scale layoffs as it shifts focus to AI infrastructure, joining broader tech sector trend.

    2mo ago 1 min read