Amazon Ring chose AI startup Vapi to handle 100% of its inbound customer support calls after evaluating over 40 vendors, improving customer satisfaction and operational control. Vapi, which evolved from an AI therapy project, now processes millions of calls daily for clients including Amazon Ring and others, and recently raised $50 million in Series B funding led by Peak XV Partners at a $500 million valuation. The startup focuses on providing customizable AI voice infrastructure for enterprises, differentiating itself by offering granular control over AI behavior and compliance. With total funding of $72 million and a strong recurring revenue, Vapi plans to expand its teams and capabilities amid growing demand for AI-driven customer interaction solutions.
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Dave Brown, a senior vice president at Amazon Web Services (AWS) and a key figure since its early days, is leaving the company at the end of this month for a new role outside Amazon. Brown helped launch AWS's core EC2 service and later led its comput...
The rapid growth of hyperscale data centers, driven by AI demand, is causing U.S. electricity consumption to surge after a decade of stagnation. Experts predict data centers will use 11-16% of total electricity by 2030, with investments in these faci...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
