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Amazon beefs up AI development, hiring execs from startup Adept and licensing its technology
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Inc. - Business
Amazon Lures Cofounders from Startup Adept to Bolster AI Efforts
Several original founders of the Bay Area joined the e-commerce giant, which will let it run independently and pay a licensing fee.Amazon -
The Wall Street Journal - Tech
Amazon, Built by Retail, Invests in Its AI Future
Amazon, now the fifth-ever U.S. company to reach $2 trillion in market value, is planning to spend more than $100 billion over the next decade on data centers for AI computing.Amazon -
MarketWatch - Business
How Apple is borrowing from its 1980s playbook when it comes to AI
Oppenheimer sees compelling parallels between what Apple is doing in AI and its 1980s Macintosh strategy.Apple -
The Wall Street Journal - World
Goldman Sachs will finish rolling out its first generative AI tool---for code generation---to thousands of developers across the company by the end of the month.
Goldman Sachs will finish rolling out its first generative AI tool—for code generation—to thousands of developers across the company by the end of the month. -
Inc. - Business
TikTok Takes on Amazon: "Deals For You Days" To Launch One Week Before Prime Day
On the eve of a potential ban in the U.S., TikTok is seizing opportunities to make money -- and reminding U.S. lawmakers of the small businesses it supports.Tiktok -
ESPN - Sports
Ex-Blackhawks execs reinstated from NHL ban
The NHL will allow three Chicago Blackhawks executives to seek employment in the league after being banned in October 2021 after an independent investigation into how they handled a sexual assault allegation in 2010.NHL -
Wired - Tech
French AI Startups Felt Unstoppable. Then Came the Election
With polls suggesting voters are about to swing toward the far right or hard left, the AI industry is starting to freak out.France -
The Wall Street Journal - World
Amazon's future growth from its position as a $2 trillion company will likely be determined by the billions of dollars it has designated to fund its artificial-intelligence ambitions.
Amazon’s future growth from its position as a $2 trillion company will likely be determined by the billions of dollars it has designated to fund its artificial-intelligence ambitions. -
The Wall Street Journal - World
Can $1 Billion Turn Startup Scale AI Into an AI Data Juggernaut?
The data-management company’s field chief technology officer, Vijay Karunamurthy, details its AI strategy in a world where data is becoming king.Artificial Intelligence
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CNBC - Business
Supreme Court rules Trump has immunity for 'official acts,' limits evidence and reach of special counsel's election case
Former President Donald Trump is charged with illegally conspiring to overturn his loss to President Joe Biden in the 2020 presidential election.Donald Trump -
CNBC - Business
Chinese EV companies Zeekr and Nio report record deliveries in June
Chinese electric car company Zeekr delivered the most cars in the first half of the year among U.S.-listed Chinese companies only selling pure electric cars. -
CNBC - Business
Salesforce shareholders reject compensation plan for CEO Marc Benioff, other top execs
Shareholder advisory firms raised concerns about additional pay for CEO Marc Benioff in the form of equity grants. -
CNBC - Business
Boston Celtics' majority owner puts team up for sale weeks after NBA championship
The ownership group behind the Boston Celtics has put the team up for sale, weeks after it won the NBA championship.NBA -
CNBC - Business
Supreme Court dissents take a 'darker tone' on Trump immunity ruling
Supreme Court Justices Sonia Sotomayor, Ketanji Brown Jackson and Elena Kagan were the three dissenters to the Trump immunity ruling.Donald Trump