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The U.K.’s antitrust regulator has confirmed that it's carrying out a formal antitrust investigation into Amazon's ties with Anthropic.
Amazon disclosed Friday that it owns a 20% stake in Rivian, the electric automaker that filed for an IPO earlier this month. As of September 30, the e-commerce giant held equity investments ...
Jeff Bezos. Jeffrey Preston Bezos ( / ˈbeɪzoʊs / BAY-zohss; [ 2] né Jorgensen; born January 12, 1964) is an American business magnate best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company. He is the second wealthiest person in the world, with a net ...
Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [ 1] The funds gained from the IPO allowed Amazon 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 ...
History of Amazon. Jeff Bezos, who founded Amazon in his Bellevue, Washington garage in 1994. Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, and digital streaming. It has been referred to as "one of the most influential economic and cultural forces in the world", [1] and is one of the world ...
The investors also said there was a “glaring conflict of interest,” with Amazon funneling money to Blue Origin when Bezos owned the latter and was executive chairman of the former.
Amazon investors are looking for updates on the tech giant's cloud business, ad revenue growth and signals on consumer health heading into the holidays as inflation continues to impact spending ...