Amazon is seeking to offload about $8 billion worth of advanced Nvidia chips to investors through a new financing vehicle, the Financial Times reported on Friday, citing people familiar with the matter.
Amazon is seeking to offload about $8 billion worth of advanced Nvidia chips to investors through a new financing vehicle, the Financial Times reported on Friday, citing people familiar with the matter.
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Amazon.com Inc. is dramatically expanding its stake in the artificial intelligence sector, announcing an additional $5 billion investment in Anthropic PBC with the potential to inject as much as $20 billion more
More Amazon has announced a landmark agreement to acquire Globalstar in a move that signals a dramatic escalation in the global race to dominate space-based communications. The deal will allow Amazon to integrate
More Jeff Bezos’s Project Prometheus has recruited Kyle Kosic, a co-founder of Elon Musk’s xAI and former OpenAI engineer, signaling the start-up’s aggressive push to dominate industrial AI applications. According to reporting by
More Jeff Bezos is reportedly in early discussions to raise an eye-popping $100 billion for a new fund designed to acquire manufacturing companies and accelerate automation using artificial intelligence, according to the Wall
More Amazon Web Services (AWS) has been thrust into the spotlight after reports surfaced of production outages allegedly linked to its AI coding tools. According to the Financial Times, the most notable incident
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Amazon has halted its Blue Jay warehouse robotics initiative only months after publicly unveiling the technology, underscoring that not all of the company’s aggressive automation bets are paying off despite its vast
More Amazon has signalled that it will push ahead with one of the largest investment programmes in corporate history, forecasting capital expenditure of about $200 billion in 2026, largely driven by artificial intelligence,
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Amazon is in early-stage talks to invest up to $50 billion in OpenAI, marking a potential landmark deal in the escalating race among Big Tech groups to secure strategic positions in artificial
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Amazon.com Inc.’s cloud division, Amazon Web Services, has accelerated the release of its newest artificial intelligence chip, Trainium3, renewing the company’s push to compete more directly with hardware from Nvidia Corp. and
More Amazon.com Inc.’s cloud division has secured a $38 billion agreement with OpenAI, marking one of the largest infrastructure partnerships in the artificial intelligence industry to date. Under the seven-year deal, Amazon Web
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Amazon is accelerating the use of robotics and artificial intelligence (AI) in its warehouses, redefining how work is organized, tasks are performed, and physical space is utilized. The company unveiled its latest
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Amazon’s Ring is introducing facial recognition for the first time on its home security doorbells and cameras, allowing users to identify friends, family, and neighbors. The feature, called “Familiar Faces,” will be
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Amazon is exploring a fresh multibillion-dollar investment in AI startup Anthropic to deepen their strategic alliance, aiming to secure a competitive edge in the global race to commercialize artificial intelligence, according to
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Billionaire Amazon founder Jeff Bezos has kicked off his three-day wedding celebration with fiancée Lauren Sánchez in a dazzling and controversial affair that has drawn both A-list celebrities and protests from locals
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