Amazon

Amazon Alert Sparks US Crackdown on Anthropic’s Fable 5 AI
Amazon

Amazon Alert Sparks US Crackdown on Anthropic’s Fable 5 AI

Amazon's cybersecurity warning led to a US directive forcing Anthropic to restrict access to its Fable 5 AI model, fueling decentralized AI token rallies.

OpenAI Raises $110B at $730B Valuation From Amazon, NVIDIA, SoftBank
Amazon

OpenAI Raises $110B at $730B Valuation From Amazon, NVIDIA, SoftBank

OpenAI secures historic $110 billion funding round with $50B from Amazon, $30B each from NVIDIA and SoftBank, reaching $730B pre-money valuation.

Apple and Amazon Earnings Propel S&P 500 and Nasdaq Gains
Amazon

Apple and Amazon Earnings Propel S&P 500 and Nasdaq Gains

The S&P 500 and Nasdaq Composite rose as strong earnings from Apple and Amazon boosted market sentiment, despite previous losses driven by Federal Reserve comments.

Amazon Advances Zero-Touch Manufacturing with NVIDIA AI and Digital Twins
Amazon

Amazon Advances Zero-Touch Manufacturing with NVIDIA AI and Digital Twins

Amazon Devices & Services leverages NVIDIA AI and digital twins for zero-touch manufacturing, enhancing efficiency with robotic arms and synthetic data integration.

FTC Investigates Big Tech's AI Investments
Amazon

FTC Investigates Big Tech's AI Investments

The US FTC is conducting a thorough investigation into the partnerships and investments between tech giants like Alphabet, Amazon, Microsoft, and AI startups like OpenAI and Anthropic, focusing on their impact on market competition and innovation.

U.S. Prosecutors Aim to Sideline Asset Recovery Talks in Bankman-Fried Trial
Amazon

U.S. Prosecutors Aim to Sideline Asset Recovery Talks in Bankman-Fried Trial

U.S. prosecutors in Samuel Bankman-Fried’s trial have urged the court to disallow any arguments concerning the recovery of misappropriated FTX customer assets invested in AI startup Anthropic. This development arises as Bankman-Fried's investment could now be of higher value, potentially affecting the recovery prospects for FTX customers amidst the ongoing bankruptcy process.

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models
Amazon

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon and AI startup Anthropic have entered into a $4 billion investment agreement to develop advanced foundation models. The collaboration will provide Anthropic with AWS resources and allow Amazon to build on Anthropic's AI models. Both companies are committed to AI safety and responsible scaling.

ECB Advisor Defends Amazon’s Role in Digital Euro Project
Amazon

ECB Advisor Defends Amazon’s Role in Digital Euro Project

The European Central Bank (ECB) is collaborating with five firms to test “user interfaces” for the central bank digital currency (CBDC).

Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype
Amazon

Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype

The European Central Bank (ECB), has confirmed Jeff Bezos's tech company AMAZON, as part of the five partners to design a digital euro prototype

BNB Chain Partners with Google Cloud to Enhance Web3 DApps
Amazon

BNB Chain Partners with Google Cloud to Enhance Web3 DApps

Layer-1 blockchain technology, BNB Chain has announced its partnership with Google Clouds, a collaboration that will see decentralized applications and smart contracts hosted on the protocol gain access to the cloud service provider’s infrastructures

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