Data, AI, & Machine Learning
Amazon to Buy Globalstar in $11.6 Billion Deal to Expand Satellite Ambitions
The deal adds Globalstar’s satellites to Amazon’s orbit plans and supports a direct-to-device rollout from 2028.
Amazon
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Data, AI, & Machine Learning
Sarvam Seeks to Raise $350 Million at $1.55 Billion Valuation
Bessemer Venture Partners is expected to lead the round, with Nvidia, Amazon and Prosperity7 Ventures also set to participate, Bloomberg reported.
MIT SMR Editors
Data, AI, & Machine Learning
Amazon Confirms 16,000 Layoffs After Email Leak Sows Confusion
The reductions are part of a broader effort to simplify operations and reduce bureaucracy, the company said.
MIT SMR Editors
Data, AI, & Machine Learning
Amazon Brings its ChatGPT-style Alexa Assistant to the Web
The move pits Amazon’s generative AI assistant more directly against browser-based rivals such as ChatGPT and Gemini.
MIT SMR Editors
Other
Amazon in Early Talks To Make $10 Billion-Plus Bet on OpenAI
Discussions follow OpenAI’s restructuring and could expand use of Amazon’s custom AI chips.
