Meta is cutting 10% of its staff to reallocate funding towards AI development while simultaneously signing a major deal for millions of Amazon's AI CPUs to expand compute capacity.
Jason·
Amazon has invested another $5 billion into Anthropic, with the startup pledging $100 billion in AWS cloud spending. The massive partnership is drawing intense scrutiny from global antitrust regulators regarding potential market dominance.
Mark·
Amazon is investing an additional $5 billion into AI startup Anthropic, which has committed to $100 billion in AWS cloud spending in return. The partnership faces scrutiny over anticompetitive concerns and security risks linked to its 'Mythos' model.
Jessy·
Amazon has committed an additional $5 billion to Anthropic, securing a $100 billion cloud spending pledge. The partnership faces antitrust scrutiny and security concerns regarding the use of Anthropic's 'Mythos' model in national security.
Jason·
California Attorney General Rob Bonta has released previously redacted evidence in the 2022 antitrust lawsuit against Amazon, alleging that the company used restrictive clauses to artificially inflate prices across the e-commerce sector.
Mark·
Amazon is investing an additional $5 billion into Anthropic, while the AI startup has committed to spending $100 billion on AWS cloud services. This strategic partnership underscores the high stakes in the AI infrastructure race but has raised concerns regarding security risks.
Jason·
Amazon is acquiring satellite firm Globalstar for $11.57 billion in cash, strengthening its Project Kuiper initiative and taking over as the primary provider for Apple's satellite features, though the deal faces tough antitrust scrutiny.
Jasmine·
Amazon agrees to acquire satellite operator Globalstar for $11.57 billion in an all-cash deal, becoming Apple’s primary satellite provider for the iPhone and facing potential antitrust review.
Jason·
Amazon has agreed to acquire satellite provider Globalstar for $11.57 billion, a move designed to strengthen Amazon's satellite infrastructure and establish it as the primary service provider for Apple's iPhone.
Jasmine·
Amazon has announced that all Kindle devices released prior to 2013 will no longer be able to purchase or download new e-books, citing security needs but drawing widespread criticism over digital ownership and planned obsolescence.
Jason·
Amazon has announced it will discontinue service and Kindle Store access for all e-readers released in 2012 or earlier, starting May 2026. This policy change will render legacy hardware unable to download new content, effectively ending the support lifecycle for these devices.
Jasmine·
Amazon will end support for Kindle e-readers released in 2012 or earlier in May, cutting off access to the Kindle Store and sparking criticism regarding digital ownership and planned obsolescence.
Jasmine·
Amazon announced that starting in May, Kindle devices released prior to 2013 will no longer be able to access the Kindle Store, marking the first time the company has restricted service for legacy hardware.
Kenji·
Amazon has introduced a temporary fuel surcharge for sellers in response to the escalating conflict in Iran and the resulting volatility in global energy markets.
Kenji·
Amazon has implemented temporary fuel surcharges for sellers due to energy market instability caused by the war in Iran, putting pressure on seller margins and consumer pricing.
Kenji·
OpenAI has raised $3 billion from retail investors as part of a massive $122 billion fundraising effort. The company is now valued at $852 billion, signaling significant market confidence as it approaches a public listing.
Jason·
Amazon's Big Spring Sale kicks off from March 25th to 31st, featuring discounts on electronics, home goods, and outdoor gear as a key retail event for the first half of the year.
Kenji·
AWS has showcased its proprietary Trainium AI chips, which are now being adopted by tech giants including Apple, OpenAI, and Anthropic as a scalable cloud solution.
Jason·
Amazon's proprietary Trainium chips are gaining significant industry traction, reportedly securing adoption from major players including Anthropic, OpenAI, and Apple, marking Amazon's strategic expansion in AI infrastructure.
Jason·
Amazon’s 'Big Spring Sale' runs March 25-31, offering seasonal discounts with a focus on consumer electronics, including early deals on audio gear like Sonos speakers.
Jasmine·
Amazon is reportedly developing an AI-centric smartphone integrated with Alexa to strengthen its mobile ecosystem, though analysts remain skeptical about its chances in a market dominated by incumbents.
Jason·
Amazon is reportedly developing an AI-centric smartphone that prioritizes Alexa integration and a voice-first, 'app-free' strategy. While Amazon leverages its e-commerce ecosystem, analysts are skeptical about the device's potential in a mature market dominated by Apple and Google.
Jason·
In March 2026, Amazon acquired Rivr, a startup specializing in stair-climbing delivery robots, targeting the final hurdles of urban logistics. Concurrently, a humanoid robot malfunction at a California restaurant highlighted the ongoing challenges of Embodied AI in public spaces. Meanwhile, DoorDash is leveraging its courier network to gather physical interaction data via its new 'Tasks' app, signaling a broader industry push to bring AI into the physical world.
Jasmine·
Jeff Bezos is reportedly pursuing a $100 billion fund to modernize manufacturing with AI, while Amazon has acquired Rivr, a developer of stair-climbing delivery robots. These moves signal a massive strategic push to integrate AI into physical-world applications and legacy industrial sectors.
Jasmine·
OpenAI has secured a record-breaking $110 billion investment from Amazon, Nvidia, and Softbank. This unprecedented capital injection is aimed at funding the massive infrastructure costs for next-generation AGI development. While solidifying OpenAI's dominance, the deal raises antitrust concerns and signals a difficult environment for smaller AI startups in the 'SaaSpocalypse'.
Jason·