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Amazon is reportedly in advanced talks to invest up to $50 billion in OpenAI, a move that could significantly enhance its AI capabilities. This potential deal, part of a larger $100 billion funding round for OpenAI, indicates Amazon's commitment to integrating advanced AI into its core businesses. The outcome could reshape Amazon's competitive landscape in e-commerce and cloud services.
Latest News
| Title | Published |
|---|---|
Dow Jones Futures Fall Amid Market's Risk-Off Turn; Google, AMD, Amazon, Palantir Due Bitcoin's woes signals a further risk-off shift after Indexes tested support and silver dived. Google, AMD, Lilly, Amazon loom. Google, AMD, Eli Lilly, Amazon and Palantir earnings loom. | about 4 hours ago |
Disney CEO Bob Iger To Reportedly Step Down Before Contract Ends, Board To Vote On Successor Next Week As Investors Await Q1 Results Walt Disney (NYSE:DIS) CEO Bob Iger has reportedly told associates he plans to step down and pull back from daily management before his contract expires on Dec. 31, and the entertainment giant’s board is set to meet next week to vote on a successor. In private conversations over the last few months, Iger has told people close to him that he is ready to move on from the grind of being CEO and was frustrated by conflicts at Disney’s ABC network over the brief suspension of late-night host Jimmy Ki | about 5 hours ago |
Demis Hassabis Tells Undergrads To Get 'Unbelievably Proficient' With AI Tools, Google DeepMind CEO Calls It Better Bet Than Traditional Internships Demis Hassabis, the chief executive of Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google's DeepMind, is recasting career advice for the AI age, arguing that mastering powerful AI tools may now be a better bet for students than chasing traditional internships. AI Era Begins Disrupting Internships And Junior Roles Speaking at the World Economic Forum in Davos alongside Anthropic CEO Dario Amodei, Hassabis said he expects artificial intelligence to start biting into junior and entry-leve | about 6 hours ago |
Warren Buffett Said If He Were 30 Starting Over With $1M, He'd Put It All In A Low-Cost Index Fund Then 'Forget It And Go Back To Work' Warren Buffett isn't known for overcomplicating things—and when it comes to investing, he doesn't think you should either. At the 2008 Berkshire Hathaway annual shareholders meeting, Buffett was asked, "If you were 30 years old again and had your first million in the bank, how would you invest it assuming you're not a full-time investor, you have another full-time job, you can cover your expenses with other savings for about 18 months, and you have no dependents." "I'll be very simple," he repli | about 7 hours ago |
Dow Jones Futures Loom: What To Do Amid Risk-Off Turn? Google, AMD, Amazon, Palantir Due Dow Jones Futures Loom: What To Do Amid Risk-Off Turn? Google, AMD, Amazon, Palantir Due | about 7 hours ago |
Why OpenAI needs to raise equity, and 'a lot of it' The Wall Street Journal reported that Amazon (AMZN) is in talks to invest up to $50 billion in AI giant OpenAI (OPAI.PVT).Freedom Capital Markets managing director Paul Meeks says it's "critical" that OpenAI "raises equity and a lot of it." Find out why in the video above.To watch more expert insights and analysis on the latest market action, check out more Morning Brief. | about 8 hours ago |
Amazon Weighs US$50b OpenAI Stake While Cutting 16,000 Corporate Roles Amazon Weighs US$50b OpenAI Stake While Cutting 16,000 Corporate Roles | about 9 hours ago |
Dow Jones Futures Fall Amid Market's Risk-Off Turn; Google, AMD, Amazon, Palantir Due
Bitcoin's woes signals a further risk-off shift after Indexes tested support and silver dived. Google, AMD, Lilly, Amazon loom. Google, AMD, Eli Lilly, Amazon and Palantir earnings loom.
Disney CEO Bob Iger To Reportedly Step Down Before Contract Ends, Board To Vote On Successor Next Week As Investors Await Q1 Results
Walt Disney (NYSE:DIS) CEO Bob Iger has reportedly told associates he plans to step down and pull back from daily management before his contract expires on Dec. 31, and the entertainment giant’s board is set to meet next week to vote on a successor. In private conversations over the last few months, Iger has told people close to him that he is ready to move on from the grind of being CEO and was frustrated by conflicts at Disney’s ABC network over the brief suspension of late-night host Jimmy Ki
Demis Hassabis Tells Undergrads To Get 'Unbelievably Proficient' With AI Tools, Google DeepMind CEO Calls It Better Bet Than Traditional Internships
Demis Hassabis, the chief executive of Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google's DeepMind, is recasting career advice for the AI age, arguing that mastering powerful AI tools may now be a better bet for students than chasing traditional internships. AI Era Begins Disrupting Internships And Junior Roles Speaking at the World Economic Forum in Davos alongside Anthropic CEO Dario Amodei, Hassabis said he expects artificial intelligence to start biting into junior and entry-leve
Warren Buffett Said If He Were 30 Starting Over With $1M, He'd Put It All In A Low-Cost Index Fund Then 'Forget It And Go Back To Work'
Warren Buffett isn't known for overcomplicating things—and when it comes to investing, he doesn't think you should either. At the 2008 Berkshire Hathaway annual shareholders meeting, Buffett was asked, "If you were 30 years old again and had your first million in the bank, how would you invest it assuming you're not a full-time investor, you have another full-time job, you can cover your expenses with other savings for about 18 months, and you have no dependents." "I'll be very simple," he repli
Dow Jones Futures Loom: What To Do Amid Risk-Off Turn? Google, AMD, Amazon, Palantir Due
Dow Jones Futures Loom: What To Do Amid Risk-Off Turn? Google, AMD, Amazon, Palantir Due
Why OpenAI needs to raise equity, and 'a lot of it'
The Wall Street Journal reported that Amazon (AMZN) is in talks to invest up to $50 billion in AI giant OpenAI (OPAI.PVT).Freedom Capital Markets managing director Paul Meeks says it's "critical" that OpenAI "raises equity and a lot of it." Find out why in the video above.To watch more expert insights and analysis on the latest market action, check out more Morning Brief.
Amazon Weighs US$50b OpenAI Stake While Cutting 16,000 Corporate Roles
Amazon Weighs US$50b OpenAI Stake While Cutting 16,000 Corporate Roles