OpenAI is already a company worth $500 billionIt has been reported that it is being searched for another $100 billion In investment. With such a funding round, the company’s valuation could reach $830 billion. The Wall Street Journal is now reporting Amazon could contribute at least $50 billion to that record-breaking investment. Not much is…
Amazon CEO Andy Jassy says consumers are starting to see higher prices as sellers look to absorb additional costs from President Donald Trump’s tariffs. Jassi told cnbc Amazon and many of its third-party sellers had stockpiled inventory ahead of the tariffs to keep prices down, but most of that supply ran out last fall. “So…
Sad female worker carrying her belongings while leaving the office after being fired Isbjorn | Istock | Getty Images Layoffs have been a defining feature of the job market in 2025, with several major companies announcing thousands of job cuts driven by artificial intelligence. In fact, AI was responsible for almost 55,000 layoffs in the…
It was a brutal week for the hardware world iRobot, luminousAnd red power bike All filed for bankruptcy. Each company faces its own mix of tariff pressures, supply chain issues and changing markets, but together they tell a bigger story about the challenges of manufacturing physical products in an era of global trade tensions and…
Amazon CEO Andy Jassy announced in a Message Longtime AWS executive Peter DeSantis will lead a new AI-focused organization within the company, employees were told Wednesday. This organization will be responsible for Amazon’s AI models such as new starAs well as silicon developments and quantum computing, which help make AI tools faster and more efficient….
food waste startup Mill said on Tuesday that it has reached an agreement with Amazon to deploy cans of in Whole Foods produce departments nationwide by 2027. Amazon’s Climate Pledge Fund is also investing in the startup, though it hasn’t disclosed the amount. The company has raised a total of $250 million to date, According…
Amazon is considering ending its long-standing contract with the United States Postal Service and building its own competing nationwide delivery network. Washington Post, The existing agreement between the e-commerce giant and the USPS expires in October 2026. The two sides have spent months negotiating what the next version of the contract will look like, but…
Is there a way for another AI coding tool to carve out a place in the hearts of startup founders — and go past Cursor, Cloud Code, Codex, Gemini Code Assist, GitHub Copilot, the many other AI-wrapped VSCode forks, and vibe-coding phenoms like Replit and Lovable? Amazon likes to use the tried-and-true method of giving…
A year ago, e-commerce giant Amazon launched its new online car sales business HyundaiNow, Ford is joining forces with a certified used car twist, ford announced On Monday, customers will be able to shop, finance and purchase certified pre-owned Ford vehicles amazon autoThe partnership still keeps the dealerships – a major revenue driver for Ford…
At ThredUp‘s 600,000-square-foot warehouse in Suwanee, Georgia, roughly 40,000 pieces of used clothing are processed each day. The company’s logistics network — four facilities across the U.S. — now rivals that of some fast-fashion giants. “This is the largest garment-on-hanger system in the world,” said Justin Pina, ThredUp’s senior director of operations. “We can hold…
