Tag AMZN

Reddit files suit against Anthropic, claiming its user data was used to train AI models without a licensing deal...

SUNNYVALE, Calif. (Reuters) -Amazon wants customers to know that artificial intelligence is not just for writing college essays. In a series of announcements Wednesday, Amazon demonstrated how stockroom robots, delivery people and its sprawling warehouses will all benefit from a hefty dose of artificial intelligence, speeding packages to customer doorsteps. Using so-called agentic AI, these robots will be able to unload trailers and then retrieve parts for repairs, according to Amazon...

Eric Sheridan, Goldman Sachs Managing Director, said while talking to CNBC in a latest program that AI capex is not showing signs of slowdown. He mentioned spending guidance of Amazon.com, Inc. (NASDAQ:AMZN), among other major tech companies: “If you go look at across the largest companies, Amazon reiterated their capex guidance, Alphabet reiterated. These were […]...

An AST board member posted a picture on Instagram with Jeff Bezos last night. Today, one Wall Street analyst speculated the picture could mean a closer relationship between AST and Blue Origin, or potentially even Amazon. Is AST's RF technology complementary to Amazon's Project Kuiper?...

Amazon's expansion will add 500 tech jobs and cement NC as a cloud/AI hub...

Reddit is suing Anthropic, alleging that the Amazon-backed AI startup used Reddit's data without a licensing agreement. Reddit said that bots deployed by Anthropic had obtained access to Reddit data more than 100,000 times in the past year, the company said in a lawsuit filed in the Superior Court of California in San Francisco County. Anthropic has benefited by using conversations from Reddit to train its AI algorithms, in violation of Reddit policies, the lawsuit alleges...

Amazon (AMZN) on Wednesday announced a $10 billion investment to expand its data center infrastructu...

Amazon.com (NasdaqGS:AMZN) experienced an 8% increase in its stock price over the last month, coinciding with several developments in its ecosystem. A significant event was EXL's achievement of the AWS Generative AI Competency designation, reinforcing Amazon's leadership within AI solutions. Additionally, Amazon's plan to expand its AWS infrastructure in Chile with a substantial $4 billion investment showcases its commitment to growing its cloud capabilities. These factors align with broader.....

Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Chart Industries (GTLS) and Flowserve (FLS) announcing their merger, Nio's (NIO) goals to reduce research and development (R&D) spending, and Amazon (AMZN) planning a $10 billion investment into its North Carolina data centers. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute...