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Amazon To Invest $4 Billion In AI Startup Anthropic

Amazon.com Inc. will invest as much as $4 billion in Anthropic, giving the startup a boost in its quest to become a major player in generative artificial intelligence. Anthropic will use Amazon Web Services’ homegrown chips to train the models it uses to power chatbots and other applications under the deal, which involves moving most

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Stocks & Funds Technology

US Stocks Plunge as Tech Giant Sells Off

On Friday, US stocks finished lower after giving up earlier gains, capping a week of losses.Stocks of Apple and Amazon tumbled after Apple reported quarterly revenue declines. The Labor Department’s July jobs report showed payrolls rose by 187,000, below expectations, but wages increased faster than expected, adding pressure on the Federal Reserve. In the past

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Ecommerce Logistic & transportation Science & Technology Technology

Amazon to start Prime delivery by drone in California later this year

Get your Amazon packages delivered by drone later this year if you live in the town of California. Amazon recently released information, stating they will soon be using drones to do drone delivery services in Lockeford, California in the near future. Customers will be able to purchase items on Amazon. To make their delivery, a drone

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Business CEO Network Ecommerce Innovations Rules Managing Retail Technology Thoughts Leaders World's Billionaires

Jeff Bezos Exits From Amazon, Andy Jassy will now take responsibility of CEO

The founder and CEO of Amazon company Jeff Bezos became the richest man in the world. He started his company 30 years ago in his garage with money from his parents for his start up. Now his execution role will be replaced by Andy Jassy. Andy Jassy is currently the head of Amazon Web Services. It is a

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Energy & Environment

Earth’s Climate Stability Depends on Amazon rainforest

Amazon is the world’s largest rainforest. It covers approximately 2.2 million square miles. Amazon rainforest produces 20% of the world’s oxygen and plays an essential role in regulating and maintaining the global climate. Due to the continued destruction of its forest, it is measured that as many as ten thousand square kilometers of drought per

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7 Things to Consider Before Launching Your Startup

Jeff Bezos, Founder, and CEO at Amazon once said, “I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.”  Sounds inspiring? Do you have a terrific business idea that you are keen to use for setting up your own business? Are you worried

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