Big Tech companies have seen more than $1 trillion wiped from their stocks, with Amazon leading the pack in losses, according to FactSet data. Fears over AI spending sparked the sell-off. Microsoft, ...
Sometimes, it can seem like the AI industry is racing to see who can spend the most money on data centers. Whoever builds the most data centers will have the most compute, the thinking goes, and thus ...
Walmart reached a market capitalization of over $1 trillion on Tuesday morning, making it the first retailer to join an exclusive club of companies to reach a 13-figure valuation that mostly consists ...
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Amazon is releasing Fallout Season 1 for free on YouTube ahead of next week’s Season 2 finale. Fallout Season 1 episodes are dropping on the Prime Video YouTube channel daily, with Episode 1, called ...
Amazon is sending refunds to customers over mishandled returns. The affected returns window dates to 2017. The company is also committing $363 million to improve returns. If you ever returned an ...
Amazon said it is discontinuing Amazon One. The technology enables users to use their palms for actions such as payments and venue check-ins. This comes after the company said it will close all its ...
The e-commerce giant has been cutting costs while pouring resources into building data centers to compete in the race to dominate artificial intelligence. By Karen Weise Reporting from Seattle Though ...
The settlement includes $600 million in refunds and an additional $309.5 million in payments to impacted customers. The settlement includes $600 million in refunds and an additional $309.5 million in ...
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