Business

Amazon Quietly Cuts Jobs in Its AGI Unit Even as It Pours $200 Billion Into AI Infrastructure
Amazon cut jobs in its AGI unit — the team behind Nova AI models — even as it spends $200 billion on AI. Here's what these cuts reveal about Amazon's AI strategy shift.

Apple Tops Nvidia at $4.88T to Become World’s Most Valuable Company
📊 Market Cap Showdown: Apple Reclaims World’s Most Valuable July 17, 2026 · Apple overtakes Nvidia with $4.88T market cap ...

Apple’s $250M Siri AI Settlement: iPhone Owners Could Get Up to $95
💰 Class Action Settlement Apple’s $250 Million Siri AI Settlement: Who Gets Paid & What Happens Next Apple has agreed ...

OpenAI and Anthropic Target $1T IPOs as Palantir CEO Warns Token Model Is Broken
AI Industry · IPO Watch · July 2026 Two of the world’s most valuable private companies are heading toward public ...

Nvidia Spends $150 Billion a Year in Taiwan as Jensen Huang Calls It the “Epicentre of the AI Revolution”
Giganectar · AI Infrastructure · May 27, 2026 Nvidia plants its flag in Taiwan —$150 billion a year, one campus, ...

Nvidia “Largely Conceded” China’s AI Chip Market to Huawei as H200 Deals Stall and AMD Moves In
AI Chips · US–China Tech Green for Huawei, Red for Nvidia — Who’s Filling the Vacuum in China’s AI Market? ...

Jeff Bezos says the $700B AI “bubble” will pay for itself — but Altman and Amodei aren’t so sure
Speaking live from Blue Origin‘s rocket facility in Florida on May 20, 2026, Amazon founder Jeff Bezos addressed CNBC’s Andrew ...

Salesforce Plans $300M Anthropic Token Spend in 2026 as Benioff Says “Everything’s Going to Be Cheaper to Make”
Enterprise AI · May 2026 Tokens Over Talent:Salesforce’s $300M Anthropic Bet Salesforce CEO Marc Benioff said on the All-In podcast ...

Apple and Intel Seal Chip Deal as Intel Stock Tops 200% — “The Only Place That Can Scale Up”
Chip Industry · Breaking Two Old Rivals,One New Deal Apple and Intel — the two companies whose split reshaped the ...

Musk Says “Claude Will Probably Be Good” as Anthropic Locks in 220,000 SpaceX GPUs and Doubles Rate Limits
Anthropic has signed an agreement with SpaceX to use all of the compute capacity at Colossus 1, the company’s data ...





