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Amazon has formed strategic partnerships with AI companies Anthropic and OpenAI.
OpenAI renegotiated its agreement with Microsoft to remove exclusivity, enabling ChatGPT models to be offered on Amazon Web Services.
Amazon is developing its own "Trainium" chips to compete with NVIDIA in the AI hardware market.
Amazon is spending $200 billion in capital expenditures this year to build new data centers.
Amazon is installing its own custom chips in its new data centers and providing this compute capacity to partners like Anthropic and OpenAI.
Amazon CEO Andy Jassy has conducted significant layoffs to correct for overhiring that occurred during the COVID-19 pandemic.
Amazon CEO Andy Jassy has shut down several prominent projects, including the "Go" just-walk-out technology in Amazon Fresh grocery stores and various delivery robot initiatives.
SpaceX has selected the Nasdaq as the stock exchange for its upcoming Initial Public Offering.
Flix experienced a ridership increase of over 30% on routes overlapping with Spirit Airlines during the weekend of a Spirit shutdown.
In his five years as CEO of Amazon, Andy Jassy has been terminating projects and reducing staff.
Amazon missed an early opportunity to invest in the AI company Anthropic.
Amazon's early, in-house developed AI models were not considered state-of-the-art.