Amazon's $50 billion OpenAI investment made big headlines, but the SEC filings tell a more complicated story. Here's how the money flows, what triggers the payments, and what the companies are keeping ...

The deal could ease some of Wall Street's fears about Amazon's monster $200 billion capex spending, and accelerate its ...

Amazon Web Services (AWS) and OpenAI will co-create a Stateful Runtime Environment powered by OpenAI models, available on Amazon Bedrock for AWS customers to build generative AI applications and ...

STMicroelectronics, the French-Italian semiconductor manufacturer, on Monday announced a multiyear, multibillion-dollar contract with Amazon Web Services to supply advanced chips used in AWS compute ...

The rapid expansion of artificial intelligence is driving unprecedented demand for computing power, electricity and cooling, pushing cloud providers to the limits of traditional, land-based data ...

Amazon is laying off 16,000 employees, the company’s second round of large-scale job reductions in three months as it fights to improve its standing in the battle for AI supremacy. In a blog post ...

Wells Fargo (WFC) has appointed Faraz Shafiq as head of AI Products and Solutions, starting Feb. 9, amid the bank's efforts to leverage AI for financial services and help streamline its operations, it ...

The trend of turning dystopian drama series into reality competition continues. Amazon has handed a greenlight to Fallout Shelter, a series based on its Ella Purnell-fronted drama. The project comes ...

Alexa+, Amazon’s AI-powered digital assistant, is coming to a browser near you. The internet’s largest retailer announced Monday that it has launched Alexa.com, a website that lets Alexa+ users access ...

Sometime around Christmas, Sarah Burzio noticed that the holiday sales bump for her stationery business included some mysterious new customers: a flurry of orders from anonymous email addresses ...

Alexa+ is Amazon's generative AI upgrade to its Alexa virtual assistant. After months in an early access program, Amazon is debuting the Alexa.com website. Users can chat with Alexa+ on the site, just ...

eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...