Nvidia Tumbles as Big Tech Bets Big on Its Own AI Chips
Nvidia fell as big tech boosts AI spending but builds its own chips, reducing reliance on Nvidia despite higher overall investment.
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Amazon Crushes Q1 Cloud Forecasts as AI Demand Fuels 28% AWS Jump
Amazon beat earnings/revenue forecasts; AWS AI demand surged. Stock rose after-hours despite weak cash flow outlook and high AI investment.
Meta Just Handed AWS a Massive Win: Tens of Millions of Graviton Chips to Power Agentic AI
Amazon and Meta struck a big deal: Meta will use AWS Graviton chips to run AI systems faster, cheaper, and more efficiently.
GitLab and AWS Team Up: Agentic AI Without the Extra Hassle
GitLab now works with AWS Bedrock, letting teams use AI in coding easily, securely, and without extra setup or accounts.
Citi: Amazon’s Cheap GLP-1 Renewals Could Hurt Hims — But Not Replace It
Citi analysts say Amazon One Medical’s new $29 on-demand GLP-1 prescription renewals could pressure Hims & Hers, but they are not a full replacement for the telehealth weight-loss giant.
Anthropic Secures 5 Gigawatts of Amazon AI Chips in $100 Billion Pact
Amazon invests up to $25B in Anthropic for Claude AI; Anthropic spends $100B on AWS to power big AI systems.