Tech giant Amazon (AMZN) is now offering access to DeepSeek’s low-cost, open-source artificial intelligence training models, among other models
Amazon (AMZN) is set to report earnings next Thursday, February 6, with the e-commerce giant expected to provide updates on its artificial intelligence (AI) initiatives. Maxim Group managing director and senior consumer internet analyst Tom Forte joins Seana Smith and Josh Schafer on Catalysts to discuss why Amazon is his top pick among the mega-cap tech names.
While the specific service will no longer be offered, Amazon will still offer Prime members free returns for eligible products that weigh less than 50 pounds and are received in new and unused condition for up to 30 days after purchase. The canceled program comes after the company laid off 200 staffers from its corporate offices.
We recently published a list of 10 AI News and Ratings Too Important to Miss. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against other AI news and ratings too important to miss.
Earnings for Amazon stock are due Feb. 6 and management will likely comment on the sudden emergence of DeepSeek.Controlled by Chinese hedge fund High Flyer, DeepSeek competes with U.S. companies like startups OpenAI and Anthropic as well as tech giants like Google-parent Alphabet and Meta Platforms.
Goldman Sachs has hired Daniel Marcu from Amazon.com as its global head of artificial intelligence engineering and science to help develop and refine artificial intelligence platforms and products, according to a memo seen by Reuters.
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different? Let's take a look.
DeepSeek’s AI breakthrough challenges Big Tech with a cheaper, efficient model. This may be bad for the incumbents, but good for everybody else.
Amazon is gearing up to report its latest quarterly financial results next Thursday, Feb. 6. Investors will be focused on the Amazon Web Services cloud segment, which is developing several artificial intelligence (AI) projects.
Companies investing in AI won't reap "superior returns" without cultivating philosophical insight, say MIT researchers.
Amazon would rather you try clothes on virtually instead of testing their fits at home. The company is officially retiring its “Try Before You Buy” program at the end of January, and in its place, Amazon wants you to trust its AI tools to find your perfect fit.
The S&P 500 index hit a new all-time high over 50 times in 2024, and many companies' valuations are very high. However, Amazon's stock price is still reasonable. Based on the abovementioned cash flow and earnings, it trades below five-year historical averages, as shown below.