Morgan Stanley analysts have the sense that some in the tech world view AWS as behind the curve in artificial intelligence, but they aren't worried...
Continue Reading(Bloomberg) -- Amazon.com Inc.’s cloud unit is building a program to help customers develop and deploy new kinds of artificial intelligence products as the biggest seller of cloud services tries to match Microsoft and Google in the market for so-called generative AI.Most Read from BloombergTitanic Sub Search Chases Mystery Noises as Air Runs LowThese Are the World’s Most (and Least) Liveable Cities in 2023Modi Meets With Elon Musk and Ray Dalio as Global Money Flocks to IndiaDebris Found Near Ti...
Continue ReadingHeads, iRobot investors stand to make a 34% profit from this deal. Tails, they could lose everything they've gained over the past year -- and more...
Continue ReadingGrowth companies can provide your investment portfolio with excellent returns. Check out the 10 growth companies that are attractive right now...
Continue ReadingOcado's AI and robotics expertise make it an attractive acquisition target for Amazon, which could help develop the technology grow. Read more on OCDGF...
Continue ReadingSEATTLE, June 22, 2023--Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the AWS Generative AI Innovation Center, a new program to help customers successfully build and deploy generative artificial intelligence (AI) solutions. AWS is investing $100 million in the program, which will connect AWS AI and machine learning (ML) experts with customers around the globe to help them envision, design, and launch new generative AI products, services, and process...
Continue ReadingFTC is suing Amazon over alleging that the company's web interface is tricking customers into signing up for a Prime membership as well as making it difficult to cancel. Yahoo Finance Legal Reporter Alexis Keenan breaks down the details...
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Continue ReadingU.S. equities were mixed at midday, with tech stocks helping lift the Nasdaq 0.5%. The S&P 500 was up slightly, while the Dow was down.Amazon (AMZN) shares jumped following a report it might buy British online grocer Ocado Group...
Continue ReadingWhen President Biden named Lina Khan as chairwoman of the Federal Trade Commission (FTC) in 2021, the appointment strongly suggested that antitrust regulators were finally going to get tough on Big Tech. Khan had been especially critical of Amazon Inc. . While most publicly traded companies want to generate profits, Amazon does the opposite: the company is willing to lose a lot of money in pursuit of growth...
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