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Amazon touts its first quantum computing chip a week after Microsoft’s unveiling
Amazon on Thursday revealed its first chip for quantum computing, and said the design is a step toward building efficient high-scale systems. The processor is called Ocelot, and the announcement comes as more tech companies tout their advancements in quantum. Last week, Amazon cloud rival Microsoft showed off its inaugural quantum chip. Microsoft had a […]
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Jeff Bezos orders Washington Post opinion pages to support ‘personal liberties and free markets’; top editor resigns
(L-R) Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. Saul Loeb | Afp | Getty Images Jeff Bezos, the […]
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Amazon unveils long-awaited Alexa revamped with AI features
Panos Panay from Devices and Services at Amazon speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon on Wednesday announced a long-awaited overhaul of its Alexa digital assistant, and it will charge a monthly subscription fee to access it. The revamped service, which Amazon […]
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Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 posted its fourth consecutive losing day, and what’s on […]
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Apple shareholders reject outside proposal to end DEI programs
CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple shareholders on Tuesday rejected a request to abolish its Inclusion & Diversity program, signaling that investors still see value in the company’s diversity programs. […]
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Nvida to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company ever. Analysts polled by FactSet expect $38 billion in sales for the quarter ended in January, which would be a 72% increase on an […]
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How digitally native companies like Rothy’s are growing profitably in a new era for retail
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO. Ming took the helm of the flats maker from co-founder Stephen Hawthornthwaite in January 2024. Under her direction, the company grew sales 17% to $211 million […]
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Anthropic closes in on $3.5 billion funding round as investor interest soars
AI Effect Anthropic closes in on $3.5 billion funding round as investor interest soars Published Mon, Feb 24 20254:24 PM EST Kate Rooney@Kr00ney WATCH LIVE Source
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Anthropic says it’s released its ‘most intelligent’ AI model yet as competition ramps up
Jaque Silva | Nurphoto | Getty Images As heavily funded startups and tech giants hustle to get any lead they can in artificial intelligence, Anthropic says it’s developed the company’s “most intelligent” AI model yet. The Amazon-backed startup on Monday unveiled Claude 3.7 Sonnet. What makes it unique is its so-called hybrid model, which combines […]
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PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone
A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images For Frank Keller, it’s a pivotal moment at PayPal. After two years, two CEOs and endless brand strategy meetings, the company is, in his view, ready to redefine the world […]
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