Tag: technology
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AWS puts $1 billion into new AI unit to embed engineers with customers, joining growing wave
AWS FDEs will look to leave behind self-sufficient teams with new AI solutions and capabilities in a matter of weeks, the company said.
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AeroVironment skyrockets 21% as dronemaker capitalizes on defense spending surge
AeroVironment is benefiting from U.S. plans to modernize the U.S. military and secure space.
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White House AI crackdown opens door for Chinese model makers to close gap
The Trump administration’s crackdown on Anthropic’s leading artificial intelligence models is looking like a gift to China.
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Mag 7 value shrinks by $2.3 trillion amid AI spending jitters — but investors are still backing chipmakers
Investors are growing jittery about massive AI spending by the Mag 7 and when these companies will produce a return on that investment.
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Digital Realty falls 5% after taking $3.5 billion stake in Blackstone’s Virginia data centers
Digital Realty fell in premarket trading Tuesday after it announced its buying a $3.5 billion stake in three data centers from asset manager Blackstone.
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Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak
The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide.
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Australia’s competition regulator takes Amazon to court over alleged unfair Prime subscription contract terms
Australia’s competition regulator is taking Amazon to court, alleging its Prime contracts required subscribers to pay AU$2.99 to avoid advertising, with no option for refunds
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Waymo and Uber end robotaxi pilot in Phoenix
The Waymo self-driving cars deployed in Phoenix for the Uber pilot will remain in use and make autonomous deliveries with DoorDash.
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AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion
Dronemaker AeroVironment’s autonomous system revenue beat expectations by $90 million and its backlog continued to grow.
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Alphabet stock pops 4% on Dow debut, but the tech giant faces major AI questions
Alphabet shares rose Monday as the company joined the Dow, but the blue-chip milestone comes as the stock remains under pressure.
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