Tag: amazon

OpenAI Secures Additional $10 Billion from Smaller Investors to Boost AI Infrastructure

OpenAI plans to raise $10 billion from smaller institutional investors to support its AI development alongside major backers.

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Amazon Plans Return to Smartphone Market with AI-Centric Device

Amazon is developing a new smartphone focused on AI integration and Alexa, marking a return to hardware after the Fire Phone setback.

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Amazon to Acquire Over One Million AI Chips from Nvidia by End of 2027

Amazon plans to purchase more than one million AI chips from Nvidia to enhance its cloud computing infrastructure by the end of 2027.

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Microsoft Eyes Legal Action Against OpenAI and Amazon Over Cloud Partnership Deal

Microsoft considers suing OpenAI and Amazon over a $50 billion cloud services agreement that may breach its exclusive OpenAI partnership.

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Amazon Expects AI to Propel AWS Revenue to $600 Billion Annually Within a Decade

Amazon predicts its AWS division could reach $600 billion in annual revenue within 10 years, driven by advances in artificial intelligence.

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Tech Giants Boost Carbon Credit Purchases Amid AI Expansion

Amazon, Google, Meta, and Microsoft significantly increased carbon credit acquisitions as AI infrastructure drives higher energy use.

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Amazon to Launch AI Models Powered by Cerebras’ Large-Scale Chips on AWS

Amazon Web Services will offer AI model hosting using Cerebras’ massive chips alongside its own Trainium processors starting in late 2026.

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FCC Chair Criticizes Amazon Over Satellite Launch Delays Amid SpaceX Dispute

FCC Chair Brendan Carr rebukes Amazon for slow satellite deployment after Amazon opposes SpaceX’s orbital data center proposal.

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Amazon Holds Emergency Meeting Following Service Disruptions Linked to Generative AI Code Changes

Amazon convened an urgent internal meeting after service interruptions potentially caused by recent generative AI-driven code changes.

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US Court Bars Perplexity AI Agents from Making Amazon Purchases on Behalf of Users

A US judge has blocked Perplexity AI agents from buying items on Amazon, citing unauthorized access to user accounts via the Comet browser.

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January Amazon Data Reveals Decline in New CPU Sales Amid Rising Demand for Older Models

January sales on Amazon show a drop in desktop CPU demand but an unexpected rise in older processor models.

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Amazon Leo Aims to Compete with Starlink by Opening Network to Third-Party Antennas

Amazon’s satellite internet service Leo plans to support third-party antennas to rival SpaceX’s Starlink network.

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