Amazon CEO Andy Jassy said the e-commerce giant expects to spend $200 billion in capital expenditures for the year. That is far above Wall Street forecasts of about $146.6 billion, as it ramps up investment…
Posts tagged as “Amazon”
Amazon is in talks to invest up to $50 billion in OpenAI, according to The Wall Street Journal. The negotiations come as OpenAI is seeking up to $100 billion in new funding, which could put…
OpenAI reportedly is in discussions with Amazon about a potential investment and an agreement to use Amazon’s artificial intelligence chips, according to CNBC. The talks are ongoing and could change, but the investment could exceed…
Amazon CEO Andy Jassy said today that the e-commerce giant has created a new AI division and appointed a company veteran to lead it. The move marks gathering momentum for AI as a pivotal technology…
An opinion piece by a senior AI and data science executive who worked at two of the world's largest retailers