Tag AMZN

Big Tech's CapEx spending on AI is on the path higher into the last quarter of 2024. Yahoo Finance anchor Julie Hyman examines hyperscalers Amazon (AMZN), Alphabet (GOOG, GOOGL), Microsoft (MSFT), and Meta Platforms' (META) investments into generative AI and data centers, putting more fuel into Nvidia's (NVDA) figurative AI chip fire. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan...

We recently compiled a list of the Jim Cramer on the Magnificent Seven Stocks Plus Netflix. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other magnificent stocks in Jim Cramer’s list. On Monday, Jim Cramer, host of Mad Money, discussed the ongoing success of major technology […]...

Amazon Advances Nuclear Power Push With X-Energy Investment, Dominion Partnership...

The internet giant is part of a $500 million investment to help bring small, modular reactors on to the grid...

Amazon Unveils New Kindle Models, Including Color and AI-Powered Features, for 2024 Holiday Season...

Put Amazon on the list of big technology firms embracing new nuclear technologies to fuel their data centers. Amazon said Wednesday it’s investing in projects to develop small modular nuclear reactors, or SMRs. The announcement comes days after Google unveiled a similar plan, as both companies seek to meet growing energy demands from artificial intelligence and data centers while honoring pledges to reduce carbon emissions.Subscribe to The Post Most newsletter for the most important and interest...

Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. Last week, AWS lost a top AI exec. Matt Wood, VP of AI, announced that he'd be leaving AWS after 15 years. Wood had long been involved in the Amazon division's AI initiatives; he was appointed VP in September 2022, just before ChatGPT's launch. Wood's departure comes as AWS reaches a crossroads — and risks being left behind in the generative AI boom. The company's previous CE...

Amazon is making waves in the nuclear energy sector...

The tech giant is making a down payment on a set of new nuclear reactors. Nuclear is ”one of the key parts of our portfolio going forward,” says the company’s cloud chief...

Top Midday Stories: Abbott Labs Narrows Full-Year Outlook; GM to Invest $625 Million in JV to Mine Raw Materials in US...