Amazon

Consumer

Amazon, Walmart Wage Ultra-Fast Delivery War

Photo via Mark Hertzberg/ZUMAPRESS/Newscom

Both companies moved to expand their 30-minute-or-less ultra-fast delivery services across various US cities this past week.

1 min read

Photo via WLADIMIR BULGAR/SCIENCE PHOTO LIBRARY/Newscom

Semiconductors

Cerebras Challenges Nvidia’s Chip Dominance with Highly Hyped IPO

Cerebras says its chips can perform inference work faster than Nvidia’s GPUs, which are less specialized for inference work.

2 min read
Photo via Amazon

Big Tech

Amazon Opens Up Its Sprawling Logistics Network, Dealing Painful Blow to UPS, FedEx

Amazon’s supply chain has a long established lane in customs clearance from China to the US, which is very appealing for potential customers.

2 min read
Photo via Tom Williams/CQ Roll Call/Newscom

Big Tech

Meta Lags Rival Hyperscalers as Investors Grow Wary of Surging CapEx

Meta is planning a spending spree later in this year, raising its expected annual capital expenditures from $115 billion to $135 billion.

2 min read

Media & Entertainment

Oprah Heads to Amazon as Video Podcasting Goes Viral

Photo by hapabapa via iStock

Oprah Winfrey will soon start recording a twice-a-week video pod after signing a multiyear deal with the tech giant Monday.

1 min read

Artificial Intelligence

In CapEx Manifesto, Amazon CEO Defends Billions in AI Investments

Photo via Kyodo/Newscom

In his annual shareholder letter, Amazon CEO Andy Jassy doubled down on massive AI investments and took a few swipes at rivals.

2 min read

Artificial Intelligence

Amazon-Perplexity Lawsuit Heralds Start of Shop-Bot Wars

Photo via Yoshio Tsunoda/AFLO/Newscom

This week, Amazeon scored a court order against Perplexity to ban, for now, the AI startup’s agents from shopping on its e-commerce platform.

2 min read

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