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AI spending by Alphabet, Amazon, Meta, Microsoft, and Oracle could exceed U.S. defense spending as a share of GDP by 2027.
Michael Burry has expanded his bearish AI bets, arguing that semiconductor valuations and AI expectations resemble the dot-com bubble.
Warren Buffett has called passing on Amazon’s 1997 IPO one of the biggest mistakes of his career, with a hypothetical $1 million investment now worth billions.
AWS and Coinbase launched infrastructure that allows AI agents to automatically pay for content, APIs, and online services.
SpaceX reached a $2.8 trillion valuation, surpassing Amazon and becoming one of the world’s most valuable companies.
Amazon introduced an upgraded Proteus robot and announced a €10 billion investment in European fulfillment robotics.
Alphabet, Amazon, and other technology firms are raising record debt to finance AI infrastructure and data center expansion.
Snowflake shares surged 35% after strong earnings and a $6 billion computing agreement with Amazon.
Amazon, Coinbase, and Stripe launched a payment infrastructure enabling AI agents to autonomously conduct stablecoin transactions and digital purchases.
Amazon acquires Rivr to develop robots for doorstep delivery and expand automation in last-mile logistics.
Nvidia and Amazon temporarily close Middle East offices as companies respond to rising regional tensions.
Berkshire Hathaway cuts Amazon and Bank of America stakes while adding New York Times and boosting energy and insurance holdings.
AWS reports its fastest quarterly growth in more than three years, driven by enterprise cloud migration and rising AI demand.
Amazon is reportedly in talks to invest up to $50 billion in OpenAI as the AI firm seeks funding at an $830 billion valuation.
Amazon plans to invest up to $50 billion to build AI infrastructure for U.S. government agencies through AWS.