Amazon Launches Trainium3 AI Chip to Challenge Nvidia's Dominance
Amazon Web Services unveils Trainium3, a cost-effective AI chip that's 4x faster than its predecessor, offering businesses an alternative to Nvidia's market-leading processors.
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Amazon's 30-Minute Grocery Delivery Threatens Instacart's Market Position
Amazon plans ultrafast 30-minute grocery delivery service in major U.S. cities, causing Instacart stock to drop 4% as competition intensifies in the delivery market.
Oracle's AI Debt Concerns Spread Across Tech Giants as Insurance Costs Surge
Amid concerns about AI data center spending, credit default swap prices for Oracle debt have spiked dramatically. Now, worries are spreading to Microsoft and Amazon as markets reassess hyperscaler risks.
U.S. Approves Major AI Chip Sales to UAE and Saudi Arabia
The U.S. greenlights the sale of up to 70,000 advanced AI chips to UAE and Saudi companies, reversing earlier restrictions and reshaping global AI competition.
BNP Paribas Exane Sees Big Upside for Astera Labs
BNP Paribas Exane initiates coverage on Astera Labs with an Outperform rating and $225 target, citing strong long-term opportunities despite recent stock weakness.
Waymo Expands Fully Driverless Robotaxi Service Across More U.S. Cities
Waymo begins offering fully autonomous rides in Miami and plans expansion to more major U.S. cities as it accelerates its lead in self-driving robotaxi technology.