Amazon Is Closing Its Fresh Grocery, Go Convenience Stores

(Bloomberg) — Amazon.com (AMZN) Inc. is shuttering its Amazon-branded grocery stores and automated grab-and-go markets, eliminating two centerpieces of its...

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Jeff Bezos says AI is in an industrial bubble but society will get 'gigantic' benefits from the tech

Amazon founder Jeff Bezos said that artificial intelligence is showing signs of being in an "industrial bubble."

CNBC
Oracle stock gains 36% to post best day since 1992, adding $244 billion in value

The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap benchmark

CNBC
Nvidia's new 'robot brain' goes on sale for $3,499 as company targets robotics for growth

Nvidia's Jetson AGX Thor robotics chips are now on sale for $3,499 as a developer kit.

CNBC
Google scores six-year Meta cloud deal worth over $10 billion

Alphabet and Meta compete in online advertising, but Meta needs more data center infrastructure as it pursues artificial intelligence growth.

CNBC
Creators say they didn't know Google uses YouTube to train AI

Google is using its expansive library of YouTube videos to train its AI models, including Gemini and the Veo 3 video and audio generator, CNBC has learned.

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AI will shrink Amazon's workforce in the coming years, CEO Jassy says

Amazon CEO Andy Jassy said the company's workforce will shrink in the coming years as it adopts more generative artificial intelligence tools and agents.

CNBC
OpenAI wins $200 million U.S. defense contract

Months after announcing a partnership with defense-tech startup Anduril, OpenAI has secured a $200 million contract with the Department of Defense.

CNBC