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Jeff Bezos has found a new place to advertise Amazon’s artificial intelligence, and it happens to be the screen where you were hoping to watch a film. Amazon’s executive chairman is pushing a redesign of Prime Video, known internally as Lighthouse, meant to turn the streaming service into a high-profile showcase for the hundreds of […]
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Look at what Alphabet, Microsoft, Amazon, Meta, and Oracle officially owe, and the numbers seem large but manageable. Look off the books, and a second, bigger pile of debt appears. A Nikkei study put that hidden figure at $1.65 trillion, up roughly eightfold in four years. It is more than the $1.35 trillion the five […]
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Five tech giants are hiding $1.65tn in AI debt, using the trick that toppled Enron Read More »
AWS users woke up Friday to find estimated billing emails showing charges ranging from hundreds of millions to $2.5 trillion. A unit pricing error in the AWS Billing Console’s estimated billing computation subsystem was the cause, Amazon confirmed. One Reddit user whose charges totalled $0.19 last month received an estimated bill of nearly $2.5 billion. […]
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An AWS billing bug sent users estimated charges of up to $2.5 trillion Read More »
Amazon’s Zoox voluntarily recalled software in 105 of its robotaxis after an unoccupied vehicle drove into heavy smoke at an active emergency fire scene in Las Vegas on June 20. The smoke obscured the scene, which had not been cordoned off with cones. The vehicle entered, braked hard while attempting to steer away, and came […]
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Airbus is pulling some of its most sensitive systems off Amazon Web Services and onto a European cloud. The aerospace group has picked French provider Scaleway to host them, Scaleway said. The move covers the applications Airbus needs to keep running as a “minimum viable company.” That is about 900 apps, starting with 70 now […]
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Airbus is moving its most critical apps off AWS to a French cloud Read More »
Amazon Leo will launch satellite internet in South Africa in 2027, seemingly beating Elon Musk’s Starlink in his home country. Musk has refused the Black-ownership rules Amazon appears willing to meet. Jeff Bezos is about to beat Elon Musk in Musk’s own back yard. Amazon said on Wednesday it will bring its Amazon Leo satellite […]
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Amazon Leo will launch in South Africa in 2027, beating Starlink in Musk’s homeland Read More »
Companies are ordering staff to lean on AI, then handing the credit to the machine. Researchers call it the AI penalty, and workers say it is costing them promotions and raises. Aubrey spent more than a year on a project to speed up a costly medical manufacturing process. When she finished, her manager asked her […]
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Bosses want you to use AI. Then they credit the AI Read More »
Amazon’s cuts have reached a scale that is hard to absorb. The company has laid off more than 57,000 corporate staff since 2022, around 16% of that workforce, CNBC reports. The pace has accelerated sharply. Roughly 16,000 people went in late January, three months after more than 14,000 others, the steepest cuts in the company’s history. […]
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Amazon has cut 57,000 jobs, and the people who kept theirs are not fine either Read More »
Big Tech built its reputation on mountains of cash. It is building its AI empire on debt, and the bill is starting to land in Europe. The five biggest builders of AI data centres in the US have doubled their debt over five years. Together, Alphabet, Amazon, Meta, Microsoft and Oracle have piled on about […]
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Big Tech’s AI debt just hit $350bn, and Europe is about to feel it Read More »
Britain’s banks run on four American clouds. The Treasury reckons two-thirds of UK firms lean on the same handful. Now the regulators are stepping in. The UK has named Microsoft, Google, Amazon and Oracle as “critical third parties” to its financial system, as Reuters first reported. The designation takes effect on 13 July. These are […]
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