Companies investing in AI won't reap "superior returns" without cultivating philosophical insight, say MIT researchers.
Many Amazon cloud clients want to test and evaluate DeepSeek's AI capabilities, according to an internal AWS document obtained by BI.
The S&P 500 index hit a new all-time high over 50 times in 2024, and many companies' valuations are very high. However, Amazon's stock price is still reasonable. Based on the abovementioned cash flow and earnings, it trades below five-year historical averages, as shown below.
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different? Let's take a look.
Filing details $400 million license for smart robot system and claims retail giant’s “reverse acquihire” contract limits competition and merits antitrust scrutiny.
Catherine Tsalikis was checking Amazon to see how the launch was going for her new biography of Chrystia Freeland. She noticed something odd: a book right below hers that was a shadow of the real thing.
Amazon would rather you try clothes on virtually instead of testing their fits at home. The company is officially retiring its “Try Before You Buy” program at the end of January, and in its place, Amazon wants you to trust its AI tools to find your perfect fit.
The buzz around Chinese AI startup DeepSeek began picking up steam earlier this month, when the startup released R1, its model that rivals OpenAI’s o1.
Amazon's Q4 is poised to benefit from strong AWS growth in generative AI and robust holiday sales, but capacity constraints and proprietary tools create long-term risks. Read more here.
The news is the latest sign of skyrocketing valuations for privately held AI start-ups, which show growing investor enthusiasm for AI and confidence that companies like Anthropic will justify that valuation over the long term, eventually generating billions in profits.
Amazon stock handily topped the S&P 500 and Nasdaq Composite over the last year, but even more gains could be in store thanks to the ongoing AI revolution.
This year, commerce isn’t just about transactions—it’s about stories, experiences and connections that are personal and unforgettable.