Amazon CEO Andy Jassy has sold $25 billion in bonds to finance the company's expansion of AI data centers. This move is part of Amazon's broader commitment to invest $200 billion in capital expenditures throughout 2026. The bond sale highlights Amazon's focus on advancing its AI infrastructure, which is expected to support future growth and innovation. Investors should watch how this investment impacts Amazon's operational capabilities and market position in AI technology.
Meta Platforms faces a critical Q2 earnings report after a nine-day stock slide and is trading below key moving averages, with investors watching for updates on AI advertising and spending. Microsoft also reports, with focus on Azure growth, Copilot ...
The Trump administration, via the Federal Aviation Administration (FAA), proposed a rule to waive certain environmental laws to accelerate the approval process for commercial space rocket launches and reentries. This move aims to benefit companies li...
Amazon is shifting its AI strategy by winding down most Nova models to prioritize a new frontier model led by Pieter Abbeel, with a debut expected at the re:Invent conference. Corning reported mixed guidance with Q3 revenue below expectations despite...
Amazon is reorganizing its AI division by phasing out several in-house AI models and shifting focus to frontier-level AI research. This move follows recent layoffs in its Artificial General Intelligence (AGI) division and the closure of its AGI Lab. ...
Recursive Superintelligence secured a $400 million multi-year compute deal with Amazon Web Services to support its development of open-ended self-improving AI systems. This deal represents the majority of the company's $650 million funding and focuse...
