Economy

193 Articles
Economy

AWS and Humain to Place 150,000 AI Chips in Riyadh “AI Zone

Amazon Web Services (AWS) and Saudi partner Humain will install about 150,000 AI chips at a new “AI Zone” in Riyadh. The project...

Economy

Verizon and AWS Link Fiber and Cloud to Bring AI Tools to Small Firms

Verizon Business and Amazon Web Services (AWS) have formed a new deal to give small businesses better network links for AI services. The...

Economy

Visa Warns Fraud Is Rising Alongside “AI Agent” Shopping

Visa says the spread of AI-driven shopping agents is creating fast-moving fraud that no single organization can fight alone. Because these crimes cross...

Economy

Amazon to Send Prime Refunds Under $2.5 Billion Settlement

Amazon will pay eligible Prime members as part of a $2.5 billion settlement tied to federal claims that it enrolled people in Prime...

Economy

Nvidia Signs $26 Billion in Multi‑Year Cloud Server Deals

Nvidia said it has agreed to rent cloud servers worth $26 billion over the next six years, according to its 10‑Q filed with...

Economy

AWS to Build Large Data Centers Near Frankfurt After German Council Approves Deal

Amazon Web Services will build new data centres on the edge of Frankfurt, in the towns of Schöneck and Maintal, the mayor announced....

Economy

Nvidia and Riken to Install GB200 GPUs in Two New Supercomputers

Nvidia will supply its GB200 NVL4 systems to Riken for use in two new supercomputers. One machine will be an AI system for...

Economy

Salesforce Cuts Gainsight Links After Suspicious App Activity

Salesforce said it found odd activity tied to Gainsight apps that customers install and run. The company said this behavior may have let...

EconomyWorld

Sam Altman Says Google Gains May Hurt OpenAI Briefly but Pledges Recovery

OpenAI chief Sam Altman has told staff that Google’s recent wins in AI could “create some temporary economic headwinds for our company”, but...

Economy

Uber and Starship Set to Release Robot Deliveries in the UK, Eye Global Expansion

Uber will team up with Starship Technologies to start autonomous robot deliveries in the UK this December. The service will first be available...