Renewable energy company GE Vernova said on Tuesday it has signed an agreement with Amazon's cloud services business to support the e-commerce giant's data center expansion plans.
After launching a new version of Alexa dubbed Alexa+ last week, Amazon is reportedly preparing to release a “constellation” of devices powered by artificial intelligence (AI).
Cloud results were a big focus this earnings season, with Alphabet, Microsoft, and Amazon reflecting the notable players.
Artificial intelligence start-up Anthropic has reportedly fetched a $61.5 billion valuation in its latest funding round. According to CNBC, Anthropic on Monday closed the $3.5 billion round, which had been led by Lightspeed Venture Partners.
Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
U.S. stocks turned sharply lower over the previous weeks, weighed down by economic concerns and a shifting sentiment landscape. Fears that President Trump's tariffs could negatively impact the world's largest economy further accelerated the selloff, pushing U.S. equities into the red year-to-date (YTD).
Amazon.com Inc's (NASDAQ:AMZN) Prime membership base has hit an all-time high, surpassing 250 million subscribers globally, despite recent price hikes, according to company data. The e-commerce giant raised annual Prime fees by $20 in early 2024, citing rising logistics and content costs.
Three major stocks in the United States look like they are going to be a bit mixed, so therefore it will more likely than not lead to a “stock picker's market” on Monday.
NYU Langone Health patients will be able to check in for appointments using Amazon One, the company's palm-scanning technology. The service will help NYU Langone speed up the sign-in process, reduce wait times and alleviate administrative workloads.
Tech giant Amazon on Monday said it will use artificial intelligence to reduce flood risks in Spain's northeastern region of Aragon where it is building data centres.
Without the ability of a prophet, no one can know what will happen in a year. But some stocks have been around long enough and have a steady enough business to be able to make a decent guess as to where they might be a year from now.
Amazon's (AMZN 1.70%) share price is up 38% over the past three years, making its returns nearly identical to the S&P 500's over the same time frame. Beating the market is the long-term goal of many investors, so it's understandable why some may be wondering what's the best course to take with Amazon right now.