Ark Invest funds have been selling the electric vehicle maker's stock over the last few weeks and reinvesting the proceeds ...

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Ark Invest funds have been selling the electric vehicle maker's stock over the last few weeks and reinvesting the proceeds ...

Why It Matters: Amazon’s move to launch new AI chips is part of a broader strategy to strengthen its position in the AI ...

Anthropic, Google, and OpenAI are facing challenges with their large language models, affecting performance and delaying ...

Yesterday, Palantir’s stock hit $60.24, an all-time high for the company. Palantir, Anthropic, and Amazon are teaming up to ...

When it comes to major tech investment, Gulf states have a chequered record. The United Arab Emirates and Saudi Arabia, after all, sank $60 billion into Masayoshi Son’s first Vision Fund, for ...

Amazon wants to reduce its reliance on Nvidia and offer an alternative to Nvidia for Amazon Web Services clients in the ...

Only some of the 16 companies explicitly said they’d stick to the AI pledges made to the current administration.

Amazon is aiming to challenge Nvidia's dominance in the artificial intelligence space by planning to launch its custom-made ...

A competitor to OpenAI, Anthropic is another startup that's enjoyed generous financial backing from Amazon (to the tune of $4 ...

The chip development is led by Annapurna Labs, which Amazon acquired in 2015 for $350 million. Trainium 2 is currently being ...