Zoox has issued a software recall for its fleet of 105 robotaxis after one vehicle struggled to navigate a smoke-filled emergency fire scene in June. The incident, which involved heavy smoke obscuring the scene, caused the vehicle to brake hard and stop, requiring a teleoperator to reverse it away so first responders could secure the area. No injuries were reported, and Zoox has shipped a software update to address the issue. This recall follows previous ones related to braking and collision incidents, as Zoox expands testing and prepares for a commercial launch pending regulatory approval.
Amazon is reportedly close to acquiring Decart, a small AI startup with about 100 employees, for around $7 billion. Decart develops software that accelerates AI models on various chips, including Nvidia's GPUs and Amazon's own Trainium chips, potenti...
The Asia-Pacific sustainable data center market is projected to grow from $16.74 billion in 2025 to $57.18 billion by 2031, at a CAGR of 22.7%. Growth is fueled by rising demand for AI, cloud computing, and hyperscale infrastructure, prompting invest...
Investing $1,000 in Amazon at around $258.35 per share today could grow to approximately $1,927 by 2030, based on a base case scenario projecting a 15.54% annualized return. This growth hinges on Amazon's accelerating cloud business (AWS) and rapidly...
Alphabet and Amazon each plan to invest about $200 billion in AI data centers by 2026, but Alphabet is showing faster revenue growth from its spending. Google Cloud revenue surged 82% in Q2, outpacing Amazon Web Services' 37% growth, indicating Alpha...
Amazon's AWS segment is accelerating rapidly, with growth jumping from 20% in late 2025 to 37% in Q2 2026, generating $42.23 billion revenue at nearly 40% operating margin. The company also benefits from a strong advertising and retail business, with...
