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Amazon is cutting at least 100 jobs in its robotics unit as part of ongoing efforts to streamline operations and enhance efficiency through AI. This move follows earlier layoffs and highlights the company's focus on cost control amid rising expenses. The shift could impact their innovation timeline, particularly in robotics, which is crucial for their logistics and delivery capabilities.
Latest News
| Title | Published |
|---|---|
Here's Why Rivian (RIVN) Stock Is a Buy Before March 12 The EV maker could be approaching its "Model 3" moment. | about 4 hours ago |
Marvell Technology upgraded to ‘Buy’ by Bank of America as shares surge on Q4 report Marvell Technology Group Ltd. (NASDAQ:MRVL) has been upgraded to a ‘Buy’ rating by Bank of America analysts following the company’s fourth quarter earnings report, as investors reacted positively to the company’s outlook and growth initiatives. The firm also raised its price target on the... | about 5 hours ago |
Anthropic Unveils Amazon-Inspired Marketplace for AI Software The company said Friday that Anthropic Marketplace will let its customers more easily purchase a mix of software applications that use Anthropic’s models, with options including services from Snowflake Inc., Harvey and Replit Inc. The OpenAI rival will not take a cut of these purchases and will allow its customers to use some of their committed annual spending on Anthropic’s own services toward third-party tools, a model it likens to software marketplaces from Amazon.com Inc. and Microsoft Corp. The move threatens Anthropic’s work with the Pentagon as well as its partnerships with other companies on their defense work. “This is something we’re talking a lot with our customers about,” Kate Jensen, Anthropic’s head of Americas, said on Wednesday about the Pentagon’s designation. | about 5 hours ago |
Anthony Scaramucci Says Kraken Evolving Into Something 'Much Bigger' After Crypto Exchange Makes History: They Are 'Quietly' Building SkyBridge Capital founder and Bitcoin bull Anthony Scaramucci lauded Kraken on Wednesday after the cryptocurrency exchange secured a Federal Reserve master account. Kraken Evolving Into Something ‘Much Bigger,’ Says Scaramucci Scaramucci said on X that Kraken is building a “monster... | about 5 hours ago |
Marvell's Q4 Earnings Call Boosts Confidence in AI Connectivity, XPU Transitions by Major Customers, BofA Says Marvell's (MRVL) Q4 earnings call boosted confidence in artificial intelligence connectivity, potent | about 5 hours ago |
How Astera’s Margin Reset Amid Amazon AI Deal Will Impact Astera Labs (ALAB) Investors Astera Labs recently reported strong fourth-quarter and full-year 2025 results, expanded its AI infrastructure partnerships including a US$6.50 billion warrant agreement with Amazon, and attracted fresh analyst coverage highlighting its role in easing AI data center connectivity bottlenecks. Soon after, management disclosed an expected 200-basis-point gross margin headwind from a module-heavy product mix and the Amazon warrant, reframing the near-term profitability picture even as enthusiasm... | about 6 hours ago |
US agency to hold self-driving safety forum with CEOs of Waymo, Zoox, Aurora WASHINGTON, March 6 (Reuters) - The National Highway Traffic Safety Administration will hold a national autonomous vehicle safety forum that will include the CEOs of self-driving companies Waymo, Zoox | about 7 hours ago |
Here's Why Rivian (RIVN) Stock Is a Buy Before March 12
The EV maker could be approaching its "Model 3" moment.
Marvell Technology upgraded to ‘Buy’ by Bank of America as shares surge on Q4 report
Marvell Technology Group Ltd. (NASDAQ:MRVL) has been upgraded to a ‘Buy’ rating by Bank of America analysts following the company’s fourth quarter earnings report, as investors reacted positively to the company’s outlook and growth initiatives. The firm also raised its price target on the...
Anthropic Unveils Amazon-Inspired Marketplace for AI Software
The company said Friday that Anthropic Marketplace will let its customers more easily purchase a mix of software applications that use Anthropic’s models, with options including services from Snowflake Inc., Harvey and Replit Inc. The OpenAI rival will not take a cut of these purchases and will allow its customers to use some of their committed annual spending on Anthropic’s own services toward third-party tools, a model it likens to software marketplaces from Amazon.com Inc. and Microsoft Corp. The move threatens Anthropic’s work with the Pentagon as well as its partnerships with other companies on their defense work. “This is something we’re talking a lot with our customers about,” Kate Jensen, Anthropic’s head of Americas, said on Wednesday about the Pentagon’s designation.
Anthony Scaramucci Says Kraken Evolving Into Something 'Much Bigger' After Crypto Exchange Makes History: They Are 'Quietly' Building
SkyBridge Capital founder and Bitcoin bull Anthony Scaramucci lauded Kraken on Wednesday after the cryptocurrency exchange secured a Federal Reserve master account. Kraken Evolving Into Something ‘Much Bigger,’ Says Scaramucci Scaramucci said on X that Kraken is building a “monster...
Marvell's Q4 Earnings Call Boosts Confidence in AI Connectivity, XPU Transitions by Major Customers, BofA Says
Marvell's (MRVL) Q4 earnings call boosted confidence in artificial intelligence connectivity, potent
How Astera’s Margin Reset Amid Amazon AI Deal Will Impact Astera Labs (ALAB) Investors
Astera Labs recently reported strong fourth-quarter and full-year 2025 results, expanded its AI infrastructure partnerships including a US$6.50 billion warrant agreement with Amazon, and attracted fresh analyst coverage highlighting its role in easing AI data center connectivity bottlenecks. Soon after, management disclosed an expected 200-basis-point gross margin headwind from a module-heavy product mix and the Amazon warrant, reframing the near-term profitability picture even as enthusiasm...
US agency to hold self-driving safety forum with CEOs of Waymo, Zoox, Aurora
WASHINGTON, March 6 (Reuters) - The National Highway Traffic Safety Administration will hold a national autonomous vehicle safety forum that will include the CEOs of self-driving companies Waymo, Zoox