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Category Amazon

Bezos launches new AI startup Project Prometheus with $6.2B in funding

Bezos launches new AI startup Project Prometheus with $6.2B in funding

Jeff Bezos, the founder of Amazon, has established a new AI startup called Project Prometheus, which is expected to help manufacture cars, computer...
Ford begins selling certified used cars on Amazon in digital retail push

Ford begins selling certified used cars on Amazon in digital retail push

Ford is now selling used cars on Amazon Autos, letting people shop for certified pre-owned vehicles online, get financing, start the paperwork, and...
Amazon seeks to raise about $12 billion through a U.S. bond offering

Amazon seeks to raise about $12 billion through a U.S. bond offering

Amazon plans to raise $12 billion through a U.S. bond sale to fund AI infrastructure, acquisitions, and capital spending, marking its first deal si...
Wall Street’s hedge funds cut positions in Nvidia, Amazon, Alphabet, Meta in Q3

Wall Street’s hedge funds cut positions in Nvidia, Amazon, Alphabet, Meta in Q3

Wall Street’s biggest hedge funds dumped chunks of their “Magnificent Seven” tech holdings during the third quarter of 2025, cutting down positions...
White House intelligence ties Alibaba to Chinese military activity against U.S.

White House intelligence ties Alibaba to Chinese military activity against U.S.

A White House memo claims Alibaba provides tech support to China's military for operations targeting the US, sharing customer data and zero-day exp...