In brief
Amazon is investing $10 billion in North Carolina to build data centers supporting AI infrastructure, creating at least 500 high-skilled jobs.
The company is also reportedly developing humanoid robots for…
smartTrade Technologies moved its trading
infrastructure to Amazon Web Services (AWS) as part of a broader push to
modernize operations and support hybrid cloud deployment. According to the company, the move is…
In brief
The New York Times has signed a multi-year deal with Amazon, licensing its news, cooking, and sports content for use in Alexa and Amazon’s AI training models.
The agreement marks…
The Bitcoin market cap has reached a never-before seen $2.3 trillion milestone, and this makes it officially surpass both Amazon (AMZN) and Google (GOOG) to secure its position as the…
This is a segment from the Empire newsletter. To read full editions, subscribe.M&A season is in full swing. Sheraz Ahmed, managing partner at STORM Partners, told me that the acquisitions —…
Reason to trust
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Bitcoin became the world’s fifth-largest asset after hitting a new all-time high on Wednesday, which pushed its market cap to $2.16 trillion.Though the crypto’s price consolidated lower after hitting…
Amazon (AMZN) just initiated an increased position in AI tech company Advanced Micro Devices (AMD), according to a recent 13F filing. The e-commerce giant joins Oracle, Meta Platforms, and Microsoft…
Jim Cramer recently spoke on his CNBC show “Mad Money” about Amazon (AMZN), suggesting the stock has immense potential to break out. Amazon has consistently positioned itself among the most…
Key Points:Bitcoin surpasses Amazon in market value; ranks fifth globally.Bitcoin’s market cap hits $2.054 trillion.Institutional demand is pivotal in Bitcoin’s rise.
Bitcoin surpassed Amazon in market value on May 8, reaching…