If you've been an Amazon Prime member at some point in the past several years, you have until Monday to file a claim to be included in a $2.5 billion settlement.
Amazon is closing its San Francisco AGI site as part of the layoffs it made this week in its artificial general intelligence organization, but said its frontier model research lab will continue.
CNBC's Seema Mody and MacKenzie Sigalos report on trends regarding AI's capex concerns.
Magnificent Seven stocks lost $787 billion in a single day as Alphabet and Tesla earnings revealed massive AI infrastructure capex that spooked investors.
The AI buildout is eroding the free cash flow and increasing balance-sheet risk at hyperscalers like Alphabet and Microsoft, warned Moody's Ratings. In a research note released this week, Moody's highlighted stock sales and off-balance-sheet moves that "threaten credit quality.
I keep hitting the buy button on Amazon (NASDAQ:AMZN | AMZN Price Prediction) for a reason that barely makes the headlines: the custom silicon business sitting inside AWS.
Artificial intelligence (AI) infrastructure is hitting a physical wall. As large language models grow exponentially in size, the legacy approach of throwing large, monolithic graphics processing units at the problem breaks down during the inference phase.
ULTY prints weekly checks with a yield that looks almost too good to be true, and that instinct deserves a much closer look at exactly what is funding those payouts.
Artificial intelligence is creating a problem few investors were talking about just a year ago: the U.S. may not have enough reliable electricity to support the next wave of data centers without driving up energy costs for everyone else. That challenge increasingly points to one solution. Nuclear power can provide around-the-clock electricity without the carbon... Nuclear Could Solve America's Looming Natural Gas Crisis - Except For This 1 Thing
While critics panic over increasing CapEx, Amazon's $143 billion cash reserves generate enough in quarterly interest income to fund debt obligations. Amazon has $364 billion, and counting, in legally binding, long-term cloud contracts that ensure data center compute capacity is accounted for before construction completes. Though infrastructure investments have temporarily reduced short-term free cash flow, these assets are projected to deliver highly profitable returns by the end of 2028 and for many years to follow.