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Jeff Bezos’s industrial AI startup Prometheus raised $12 billion at a $41 billion valuation, emerging from stealth to build AI for engineering and manufacturing.
Amazon is a leading cloud computing and digital commerce company shaping cloud computing, AI infrastructure, and digital platforms across AI, cloud, chips, software, devices, and enterprise technology.
Major technology companies including Alphabet and Amazon are increasingly turning to international bond markets to help finance massive AI infrastructure investments.
Snowflake shares jumped 35% after the company raised guidance, beat earnings expectations, and announced a $6 billion compute partnership with Amazon.
Amazon is packaging the technology behind Alexa for Shopping into a new service for retailers, aiming to become the infrastructure layer for AI-powered commerce across the web.
Microsoft has reportedly begun canceling many internal Claude Code licenses and shifting employees toward GitHub Copilot CLI as AI coding tool costs continue to rise across the tech industry.
Amazon has introduced Alexa Podcasts, a feature that generates custom AI-powered podcast episodes on demand through Alexa+. The tool transforms news, educational topics, and personal interests into conversational audio content tailored to users.
Microsoft is exploring acquisitions of AI startups including Inception as it builds internal AI capabilities beyond OpenAI. The move reflects growing competition for top AI talent and Microsoft’s effort to develop advanced models independently.
Amazon has launched Alexa for Shopping, a generative AI assistant that combines Alexa+, Rufus, and customer shopping history to deliver personalized product recommendations, price tracking, and automated purchasing. The assistant is available across Amazon’s app, website, and Echo Show devices.
Microsoft says its revised OpenAI partnership strengthens flexibility while maintaining key advantages. The company reported AI revenue surpassing $37 billion amid growing multi-model demand.
OpenAI is deepening ties with Amazon while restructuring its long-standing partnership with Microsoft. The shift reflects growing demand for flexible cloud access and AI infrastructure.
Amazon will invest up to $25 billion more in Anthropic to expand AI infrastructure. The deal deepens their partnership around AWS and custom AI chips.
Strong forecasts from ASML and TSMC signal continued massive AI spending by tech giants, despite rising concerns over sustainability and supply constraints.
AWS has launched Amazon Bio Discovery, an AI-powered platform that helps scientists design, test, and refine drugs faster using integrated models and lab workflows.
Amazon CEO Andy Jassy used his annual letter to highlight surging demand for its Trainium AI chips and justify massive infrastructure spending. The message signals intensifying competition with Nvidia and Intel.