Amazon

6 months ago

Amazon Invests in X-Energy to Boost SMR Development for Data Centers

Amazon has taken a significant step towards securing low-carbon energy for its data centers by acquiring a stake in U.S. nuclear developer X-energy. The investment is part of a broader collaboration to

Walgreens-to-Close-1,200-Stores-Amid-Financial-Challenges-and-Competition

Business

6 months ago

Walgreens to Close 1,200 Stores Amid Financial Challenges and Competition

Facing mounting pressure from online competition and declining earnings from prescription drugs, Walgreens, one of the largest U.S. drugstore chains, has announced plans to close approximately 1,200 stores over the next few

dow-rises-as-market-rebounds-from-two-day-losing-streak

Markets

1 month ago

Dow Rises as Market Rebounds from Two-Day Losing Streak

The Dow Jones Industrial Average climbed Wednesday morning after two days of steep losses. Dow stocks gained 0.4% in early trading, while the S&P 500 also moved higher, aiming to break its

Amazon Sets April 9 Launch Date for Kuiper Satellites

First operational deployment marks milestone for broadband push Amazon has announced that the first operational launch of its Kuiper internet satellites will take place on April 9 at 12 p.m. ET. The

6 days ago

Business

Amazon Doubles Down on Anthropic with $4 Billion AI Investment

Amazon has announced a significant new investment of $4 billion in Anthropic, a leading artificial intelligence (AI) startup founded by former OpenAI executives. This move cements Amazon’s role in the rapidly evolving

5 months ago

Business

Amazon Expands AI Ambitions with New Custom Chips to Challenge Nvidia

Amazon is gearing up to unveil its latest artificial intelligence (AI) chips as it intensifies its push to reduce dependency on Nvidia and maximize returns from its substantial semiconductor investments. The Big

5 months ago

Business·Tech