Latest News and Articles about Amazon
Amazon’s $50 Bee AI Wearable: Privacy Risks and Blockchain Potential Explored
Amazon’s $50 Wearable AI Bet: Will Bee Sting or Crash Amid Privacy Fears and Market Woes? Amazon is diving back into the turbulent waters of wearable tech with a $50 AI device from the recently acquired startup Bee, hoping to stake a claim in a market notorious for chewing up and spitting out even the […]
Read MoreAmazon Dumps Fermi Inc.’s $20B AI Data Center Deal, Stock Crashes 46%
Amazon Ditches Fermi Inc.’s AI Data Center Dream, Shares Tank 46% Amazon has abruptly walked away from a deal to anchor Fermi Inc.’s colossal AI data center project in West Texas, triggering a brutal 46% collapse in Fermi’s stock on December 12. This bombshell, involving a potential $20 billion agreement over 20 years, casts a […]
Read MoreOpenAI-Amazon $10B Deal: Boost or Threat to Decentralized Tech and Bitcoin?
OpenAI and Amazon’s $10 Billion Deal: A Double-Edged Sword for Decentralized Tech? Hold onto your private keys, folks—big tech is cooking up something massive that could either turbocharge decentralized innovation or tighten the corporate grip on our digital future. OpenAI and Amazon are in early talks for a deal reportedly worth over $10 billion, potentially […]
Read MoreAmazon Slams Perplexity AI: E-Commerce Clash with Bitcoin and Decentralization Stakes
Amazon vs. Perplexity AI: A Battle Over E-Commerce Rules with Bitcoin Implications Amazon has fired a legal shot across the bow of Perplexity AI, slamming the $20 billion-valued startup with a cease and desist letter over its AI agent, Comet, making purchases on the e-commerce titan’s platform. This isn’t just a corporate squabble—it’s a raw, […]
Read MoreJeff Bezos Sells $5.7B Amazon Stock: AI Push and Crypto Speculation Arise
Jeff Bezos Dumps $5.7 Billion in Amazon Stock: AI Bets, Timing, and a Crypto Wildcard? Jeff Bezos, the mastermind behind Amazon, has just cashed out a jaw-dropping $5.7 billion in stock, offloading 25 million shares right before the company’s earnings report on July 31. Executed under a pre-arranged 10b5-1 plan, this move—coupled with Amazon’s massive […]
Read MoreAmazon’s 2024 Emissions Spike 6%: AI Energy Hunger Rivals Bitcoin’s Carbon Footprint
Amazon’s Carbon Emissions Surge 6% in 2024: AI Power Demands Rival Bitcoin’s Energy Hunger Amazon, the tech and retail juggernaut, has stumbled hard on its green journey, reporting a 6% spike in carbon emissions for 2024, fueled by the ravenous energy demands of artificial intelligence (AI) data centers. This uptick, which shatters a three-year streak […]
Read MoreBitcoin Surges to 5th-Largest Asset, Overtakes Amazon at $110K
Bitcoin Surges Past Amazon to Become Fifth-Largest Global Asset – Bitcoin reaches new high of $110,000, market cap hits $2.205 trillion. – Institutional demand and favorable political climate fuel Bitcoin’s rise. – BlackRock’s iShares Bitcoin Trust (IBIT) sees massive inflows, holding 3.3% of all BTC. On Bitcoin Pizza Day, the cryptocurrency didn’t just celebrate its […]
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