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23-Year-Old Duo Exited Amazon And Microsoft To Build AI Startup, Raised $4 million
Bluejay focuses on testing AI voice and text agents using synthetic customers to identify weaknesses.
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Amazon Prime Video Now Shows Twice As Much Ads As Before: Report
Amazon has nearly doubled the ad load on Prime Video, increasing it from about two or three minutes to four to six minutes per hour, according to a new report. While this expands ad space and lowers CPM, it may disrupt the viewing experience. Amazon reportedly informed investors but has yet to publicly acknowledge the change. The increased ad load,...
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Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
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Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
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Amazon And Meta Surge After Results, While Apple Drops
Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results.
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Amazon Said to Be in Talks to Become Anchor Investor in Softbank-Owned Chip Firm Arm Ahead of IPO
Amazon.com is in talks about joining other technology companies as a cornerstone investor in SoftBank Group's Arm ahead of its initial public offering (IPO), people familiar with the matter said on Tuesday.
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GameStop Ousts CEO, Posts Bigger-Than Expected Quarterly Loss
Ryan Cohen, the billionaire investor whose bold bet on GameStop made him a hero to meme stock traders, took over as executive chairman on Wednesday after the video game retailer ousted its CEO and posted a bigger-than expected quarterly loss. Investors pushed the stock price down more than 20 percent in after-hours trading, continuing a roller-coas...
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Big Tech Investors to Scrutinise Profits After Industry-Wide Layoffs, Firms to Highlight AI as Growth Driver
Big Tech investors are set to scrutinise how much impact cost cutting, including layoffs, have had on technology giants like Microsoft, Google parent Alphabet, Instagram owner Meta and Amazon. Meanwhile, companies are expected to focus on pitching artificial intelligence (AI) as the next growth driver for the industry.
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ChatGPT Is Leading to Increase in AI-Written E-Books on Amazon, Kindle
The software's emergence has already ruffled some of the biggest technology firms, prompting Alphabet and Microsoft to hastily debut new functions in Google and Bing, respectively, that incorporate AI. The rapid consumer adoption of ChatGPT has spurred frenzied activity in tech circles as investors pour money into AI-focused startups and given te...
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Amazon Escalates Job Cuts, Says It Will Lay Off More Than 18,000 Workers
Amazon on Wednesday announced in a memo to staff that the firm would lay off more than 18,000 employees. The company's job cuts, which began last year, were previously expected to affect about 10,000 people. Amazon had over 1.5 million employees as of the end of September 2022, which means the latest job cuts would involve around 1 percent of its w...
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23-Year-Old Duo Exited Amazon And Microsoft To Build AI Startup, Raised $4 million
Bluejay focuses on testing AI voice and text agents using synthetic customers to identify weaknesses.
-
Amazon Prime Video Now Shows Twice As Much Ads As Before: Report
Amazon has nearly doubled the ad load on Prime Video, increasing it from about two or three minutes to four to six minutes per hour, according to a new report. While this expands ad space and lowers CPM, it may disrupt the viewing experience. Amazon reportedly informed investors but has yet to publicly acknowledge the change. The increased ad load,...
-
Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
-
Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
-
Amazon And Meta Surge After Results, While Apple Drops
Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results.
-
Amazon Said to Be in Talks to Become Anchor Investor in Softbank-Owned Chip Firm Arm Ahead of IPO
Amazon.com is in talks about joining other technology companies as a cornerstone investor in SoftBank Group's Arm ahead of its initial public offering (IPO), people familiar with the matter said on Tuesday.
-
GameStop Ousts CEO, Posts Bigger-Than Expected Quarterly Loss
Ryan Cohen, the billionaire investor whose bold bet on GameStop made him a hero to meme stock traders, took over as executive chairman on Wednesday after the video game retailer ousted its CEO and posted a bigger-than expected quarterly loss. Investors pushed the stock price down more than 20 percent in after-hours trading, continuing a roller-coas...
-
Big Tech Investors to Scrutinise Profits After Industry-Wide Layoffs, Firms to Highlight AI as Growth Driver
Big Tech investors are set to scrutinise how much impact cost cutting, including layoffs, have had on technology giants like Microsoft, Google parent Alphabet, Instagram owner Meta and Amazon. Meanwhile, companies are expected to focus on pitching artificial intelligence (AI) as the next growth driver for the industry.
-
ChatGPT Is Leading to Increase in AI-Written E-Books on Amazon, Kindle
The software's emergence has already ruffled some of the biggest technology firms, prompting Alphabet and Microsoft to hastily debut new functions in Google and Bing, respectively, that incorporate AI. The rapid consumer adoption of ChatGPT has spurred frenzied activity in tech circles as investors pour money into AI-focused startups and given te...
-
Amazon Escalates Job Cuts, Says It Will Lay Off More Than 18,000 Workers
Amazon on Wednesday announced in a memo to staff that the firm would lay off more than 18,000 employees. The company's job cuts, which began last year, were previously expected to affect about 10,000 people. Amazon had over 1.5 million employees as of the end of September 2022, which means the latest job cuts would involve around 1 percent of its w...
