Amazon's investments in Anthropic are now worth a cool $14 billion
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Amazon makes Zoom the 'standard' app for internal meetings and starts using Microsoft 365 tools, internal memo shows
Amazon transitions to Zoom for internal meetings, replacing Chime, and begins integrating Microsoft 365 tools, according to an internal memo.
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Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
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An Ohio data center plans to build a natural gas plant as the AI boom creates an electricity strain
Developers for Powerconnex have notified Ohio regulators of plans to build a 120 MW natural gas plant to power a data center next door.
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Exxon Mobil CEO says natural gas can meet surging data center demand on a faster timeline than nuclear power
Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.
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Microsoft's performance-based job cuts begin, termination letters show: Ousted workers lose healthcare, and some say they get no severance
The termination letters say healthcare benefits will stop immediately.
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Microsoft CEO tries to assure investors DeepSeek is good for business as scrutiny of AI spending mounts
Chinese AI startup DeepSeek's model led to increased scrutiny on Microsoft's AI spending.
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Microsoft CFO tells employees in an internal memo to 'focus' amid AI news like DeepSeek and Stargate
Microsoft CFO Amy Hood had a message for Microsoft employees amid the DeepSeek and Stargate news, internal memo shows.
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Big AWS customers, including Stripe and Toyota, are hounding the cloud giant for access to DeepSeek AI models
Many Amazon cloud clients want to test and evaluate DeepSeek's AI capabilities, according to an internal AWS document obtained by BI.
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An on-site natural gas plant will help power Stargate's first data center, public filings show
Developers for Stargate, the $500B AI infrastructure project by OpenAI, Oracle, and SoftBank, will establish a natural gas plant in Abilene, Texas.
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Stargate's first data center is underway in Texas. Public filings show how much it will cost to build.
Stargate's first data center campus in Texas, a joint venture by Oracle, OpenAI, and SoftBank, could cost an estimated $1.1 billion.
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Amazon resumes new US green-card applications for foreign workers, leaked memo shows
Amazon planned to resume US green-card applications for foreign workers on January 6, a leaked memo said.
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Amazon has a new way of checking whether employees are really coming into the office five days a week
The company has told most employees to work in the office five days a week, starting in January.
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Amazon's full RTO is off to a bumpy start. Some staff complain of a lack of space and theft. And they're still on video chats.
In January, Amazon required most employees to start working from an office five days a week. The transition has not been smooth for some.
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Microsoft lays off employees in security, experiences and devices, sales, and gaming — separate from performance cuts
The layoffs are separate from cuts targeting underperforming employees across the company, a spokesperson confirmed.
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Amazon CEO Andy Jassy has a new 'shadow' advisor. It's one of the most prized roles inside the company.
This time, the CEO picked a 17-year AWS veteran who has experience with business applications.
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Microsoft forms new AI group under former Facebook head of engineering Jay Parikh
The Core AI group, run by Jay Parikh, will focus on AI, and AI agents in particular. Satya Nadella sees this technology as transforming applications.
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Internal Microsoft document shows one way managers decide which employees they can't afford to lose — and it's all about AI
The AI-talent wars are raging. An updated Microsoft document gives some managers a new way to keep AI experts at the company.
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Leaked AWS org chart: These 11 executives are helping Matt Garman take on the AI competition
Garman took the top job at the cloud giant in June. He's made some changes since then, including hiring a new chief marketing officer.
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Microsoft is planning job cuts and focusing more on underperforming employees
The moves are part of a broader change in Microsoft's approach, which includes taking a harder look at low performers, sources told BI.
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Internal Amazon list shows more than 40 office locations where its 5-day RTO plan is delayed
An internal Amazon list viewed by Business Insider shows the locations where employees are being asked to work from offices only three days a week.
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Larry Ellison is $67 billion richer this year. His career spans software, Hollywood, and yacht racing.
Meet Larry Ellison, Oracle's CTO and cofounder who's amassed a multibillion-dollar fortune and whose son will be the new chief at Paramount.
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Internal document: AWS has planned lower spending on ZT Systems, a data-center-gear maker being acquired by AMD
AWS is designing more hardware in-house as it looks for opportunities to enhance data-center efficiency and reduce costs.
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These are the top executives who joined, left, or moved within Google in 2024
Google's 2024 was all about AI. It was also a big year for shuffling in the executive ranks.
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The fabulous life of Michael Dell, the $122 billion tech icon betting big on AI
The Dell Technologies founder and CEO is a true believer in AI who also enjoys private planes, fancy cars, and summer homes.
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Milan is set to be Europe's next biotech hub, and the city is working hard to attract investors and industry
With a steady supply of STEM talent and a strong ecosystem of startups and investors, Milan is set to be the next center of biotech.
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10 business leaders who spearheaded industry-transforming change in 2024
Learn about business leaders like the WNBA's Cathy Engelbert and Amazon's Mike Hopkins who are innovating in their sectors.
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Meet 21 DC power players who shape federal policy for chip companies like Intel, Nvidia, and TSMC
Business Insider analyzed public lobby disclosures, mapping out the top lobbyists and policy issues for chipmakers.
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AMD downgraded after BI report on weak demand for its AI chips among AWS customers
Bank of America downgraded AMD on Monday, citing competitive risks in the AI market from Nvidia and low demand impacting growth potential.
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Amazon isn't seeing enough demand for AMD's AI chips to offer them via its cloud
AWS has not committed to offer access to AMD's AI chips. That's partly because cloud customers aren't asking for these components.
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Amazon's AI chip executive tells BI why Nvidia is not a competitor, how Anthropic helps, and what AMD needs
Amazon's AI chip strategy focuses on customer choice, not competing directly with Nvidia.
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Why approving time-off requests feels like a chore — and how to fix it
A commissioned Forrester Consulting New Technology TEI study shows how time-off automation earned up to 821% ROI.
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Amazon cloud executives share their latest AI strategies, and why choice matters more than owning the top model
Amazon doesn't have the most powerful AI model. Its cloud business is finding other ways to win.
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Marc Benioff ruptured his Achilles tendon. He doesn't give a 'Fakarava' as Agentforce hope sends Salesforce stock to record.
The CEO was in an upbeat mood on Salesforce's earnings call as AI promise drives the stock up to a record high.
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Larry Ellison is investing up to $165 million to turn University of Oxford science research into products
Larry Ellison's $165 million Oxford investment aims to transform research into products, in areas including health and clean energy.
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At the epicenter of culture: how TikTok maximizes success for brands
Explore research, strategies, and success stories to see how TikTok drives business impact through trends and community-focused marketing.
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How Amazon revamped its AI-sales machine to compete with OpenAI, Microsoft, and Google
AWS is revamping its AI-sales strategy to compete with OpenAI, Microsoft, and Google. Employees feel the pressure but have big new incentives.
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The man who changed the iGaming industry!
iGaming is changing, with groundbreaking games and crypto payments. Here's how innovations like Aviator and marketing strategies impact online gaming.
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'ACDC,' 'T2K,' and the Middle East: Leaked documents reveal Amazon's top cloud growth initiatives
AWS is focusing on at least 7 areas with codenames such as "ACDC" and "T2K" as it looks for big new sources of sales growth.
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How export finance is taking businesses from local to global
From accessing credit to securing insurance, UK Export Finance assists businesses to unlock global markets and export their products.
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Microsoft's Copilot has an oversharing problem. The company is trying to help customers fix it.
Microsoft released tools to address security issues with Copilot, which indexes internal data and sometimes shares sensitive customer information.
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AWS hires former SAP and Microsoft executive as new marketing chief
AWS hired Julia White, a former SAP and Microsoft executive, as its new chief marketing officer — another leadership change amid executive turnover.
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Exclusive: Amazon's AI chatbot Q is entering enemy turf by integrating with Microsoft's Office 365
The coming integration could help Amazon's Q reach more business users.
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AWS is negotiating a huge deal to supply IBM with Nvidia GPUs via the cloud
The talks highlight continued demand for Nvidia GPUs. A deal like this would also provide a boost for Amazon's AI business.
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What needs to go right for Intel, and what happens if it doesn't
Intel faces challenges after losing its Dow Jones spot to Nvidia. Federal aid under the CHIPS Act could bolster US semiconductor production.
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Google Workspace chief is stepping down, leaked memo shows
Google Workspace leadership is shifting as Aparna Pappu steps down, with Jerry Dischler taking the reins.
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In an all-hands meeting, Amazon CEO Andy Jassy tells employees why he wants fewer managers: 'I hate bureaucracy'
On Tuesday, Amazon CEO Andy Jassy told employees several ways he aims to cut bureaucracy, including by chopping manager ranks.
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In all-hands meeting, Amazon CEO says RTO mandate not a 'backdoor layoff'
Amazon CEO Andy Jassy denied that the company's return-to-office policy is a 'backdoor layoff,' amidst rumors of quiet firing strategies.
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CHART: Big Tech is going wild on AI spending next year and beyond
Capex by Amazon, Google, Meta, and Microsoft is rising to eye-watering levels next year and beyond, fueled by the generative AI boom
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