Amazon announced it will close Mechanical Turk, its crowdsourced work platform launched in 2005, on September 30, 2026. The platform connected workers with small digital tasks like data labeling and transcription, often paying a few cents per task. Once serving over 500,000 workers, Mechanical Turk has declined due to advances in AI and competition from newer data annotation services. The closure impacts workers relying on the platform for flexible income and companies still dependent on its services, who must now seek alternatives.
Anthropic disclosed in its SEC filing that it had $112.4 billion in cash and $19.3 billion in short-term investments as of June 30, totaling $131.7 billion. This amount surpasses every non-bank U.S. company except Berkshire Hathaway and Alphabet, exc...
Amazon issued an internal memo advising software engineers not to rely solely on token usage or code generation metrics to measure AI adoption, calling these methods "deeply flawed." The company highlighted that such metrics can drive up costs and ad...
Amazon.com, Inc. is expected to report solid revenue growth in Q3, mainly driven by strong performance in its cloud business, AWS. However, heavy investments in artificial intelligence could weigh on the company's earnings and free cash flow, with ne...
Amazon is set to report its Q3 earnings on October 29, with analysts expecting a slight earnings increase to $1.96 per share and a 12.3% revenue rise to $202.3 billion. Investors are closely watching AWS revenue and capital expenditure guidance, as t...
Oracle's stock rose 5% after announcing that Google's Tensor Processing Units (TPUs) will be available on Oracle Cloud Infrastructure starting next year, marking the first time Google chips are offered on a hyperscale cloud outside Google. Additional...
