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OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest private funding rounds in history. The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion pre-money valuation. Notably, the round has remains…
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it from over 10,000 workers…
Amazon has hundreds of thousands of robots in its warehouses, but that doesn’t mean all of its robotic initiatives are a success story. The ecommerce giant has halted its Blue Jay warehouse robotics project just months after unveiling the tech, as originally reported by Business Insider and confirmed by TechCrunch. Blue Jay, a multi-armed robot…
The AI industry’s pursuit of licensable content has been a messy affair, filled with lawsuits and accusations of copyright infringement. Now, as tech companies look for legally safe sources of AI training data, Amazon is reportedly considering launching a marketplace where publishers can license their content directly to AI companies. The Information reported Monday that…
After a better-than-expected opening weekend in theaters, box office for Amazon’s “Melania” fell 67%, to an estimated $2.37 million, in its second weekend. The documentary about First Melania Trump has grossed a total of $13.5 million so far (almost all of that in the United States), which means it’s extremely unlikely the film — which…
Ring’s AI-powered “Search Party” feature, which leverages the company’s network of cameras to find lost dogs, is now available to all Ring customers in the U.S. For the first time, the feature will be made available to those who don’t own a Ring camera, too. Launched last fall, Search Party uses AI to find possible…
OpenAI, a company already valued at $500 billion, has made it known that it’s on the hunt for another $100 billion in investment. Such a funding round could lead the company’s valuation to shoot up to a titanic $830 billion. The Wall Street Journal is now reporting that Amazon may contribute at least $50 billion…
It’s going to be more difficult to fake or manipulate Ring camera video footage going forward. On Thursday, the Amazon-owned device maker introduced Ring Verify, a new video authenticity feature that will allow anyone to determine whether a video has been altered in any way. The company says this could be useful when you come…
Smart rings, smart screens, smart TVs, smart pins, smart … ice cube makers? Sure, why not! AI was everywhere at this year’s Consumer Electronics Show (CES) in Las Vegas, where companies large and small were showing off how they’re bringing AI to more devices. For Amazon, CES was a time to show off its newest…
CES 2026 is in full swing in Las Vegas, with the show floor open to the public after a packed couple of days occupied by press conferences from the likes of Nvidia, Sony, and AMD and previews from Sunday’s Unveiled event. As has been the case for the past two years at CES, AI is at the forefront of…