AGI
Amazon dedicates team to train ambitious AI model codenamed ‘Olympus’ -sources
Amazon to invest millions in Olympus LLM model to rival OpenAI and Alphabet.
10-year Treasury note yield
S&P 500, Nasdaq score longest win streak in 2 years on rates view
S&P 500 and Nasdaq extend gains as U.S. Treasury yields retreat on Fed’s rate hike stance.
Amazon
Jeff Bezos Is Leaving Seattle For Miami
Billionaire Jeff Bezos is reportedly leaving Seattle, Washington, for sunny Miami, Florida.
AI
Amazon rallies on cloud optimism as it chases Microsoft for AI business
Amazon.com rose 7% on Friday as it aims for a larger share of the booming artificial intelligence market in a race with Microsoft.
Amazon
Microsoft in talks to sign on Amazon as customer in $1 bln cloud tools deal – Insider
Microsoft is preparing to bring Amazon.com as a customer for its 365 cloud productivity tools in a deal worth over $1 billion.
Alphabet
Internet companies report biggest-ever denial of service operation
Internet companies Google, Amazon and Cloudflare say they have weathered the internet’s largest-known denial of service attack.
Alphabet
Should new tech rules apply to Microsoft’s Bing, Apple’s iMessage, EU asks
EU antitrust regulators are asking Microsoft’s users and rivals whether Bing should comply with new tough tech rules.
Amazon
FTC Sues Amazon For Illegally Maintaining Monopoly Power
The Federal Trade Commission (FTC) and 17 state attorneys general have filed an antitrust lawsuit against the E-commerce company, Amazon.
Amazon
Amazon To Hire 250,000 New Workers For Holiday Shopping Season
Amazon announced on Tuesday that they will be handling the upcoming holiday shopping season by offering an additional 250,000 open jobs and investing $1.3 billion for increasing its wages.
agency
FTC continues to investigate Amazon
The Biden Administration plans to take immediate action on at least three of the half-dozen investigations into Amazon and its business practices.