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  2. Amazon doubles down on Anthropic, completing its planned $4B ...

    techcrunch.com/2024/03/27/amazon-doubles-down-on...

    Amazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The $1.25 billion it invested at the time must be ...

  3. Amazon's Narrowed Margins Overshadow Cloud Computing's ... - AOL

    www.aol.com/finance/amazons-narrowed-margins...

    August 2, 2024 at 12:38 PM. Amazon's Narrowed Margins Overshadow Cloud Computing's Growth Reacceleration. Amazon.com Inc (NASDAQ: AMZN) reported its second quarter results. Although its financials ...

  4. Amazon to invest up to $4 billion in AI startup Anthropic

    techcrunch.com/2023/09/25/amazon-to-invest-up-to...

    Amazon has agreed to invest up to $4 billion in the AI startup Anthropic, the two firms said, as the e-commerce group steps up its rivalry against Microsoft, Meta, Google and Nvidia in the fast ...

  5. Amazon stock tumbles 8% as profit, revenue outlook ... - AOL

    www.aol.com/finance/amazon-report-second-quarter...

    August 2, 2024 at 4:04 PM. Amazon's ( AMZN) stock fell more than 8% Friday after the retail and cloud giant offered a current quarter forecast on Thursday that fell short of expectations on both ...

  6. AI investments are showing signs of a payoff, but the price ...

    www.aol.com/finance/ai-investments-showing-signs...

    Microsoft announced last week it spent $14 billion on capital expenditures tied to its AI buildout in its fiscal third quarter, up from $7.8 billion in the same period last year. The company’s ...

  7. Amazon secures $8B loan, anticipating market headwinds

    techcrunch.com/2023/01/03/amazon-secures-8b-loan...

    Amazon had about $35 billion in cash and cash equivalents and long-term debt of about $59 billion at the end of the third quarter ending September 30, Reuters reports.For the first nine months of ...

  8. Amazon says its next-gen chips are four times faster for AI ...

    www.engadget.com/amazon-says-its-next-gen-chips...

    Amazon Web Services (AWS) just kicked off its Las Vegas-based re:Invent conference with a stream of announcements, most of which involve the year’s most popular technology, AI. These news items ...

  9. Amazon just walked out on its self-checkout technology - Engadget

    www.engadget.com/amazon-just-walked-out-on-its...

    Amazon is removing Just Walk Out tech from all of its Fresh grocery stores in the US, as reported by The Information. The self-checkout system relies on a host of cameras, sensors and good old ...

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