Category: Business
Amazon’s Jassy: Generative AI Is the Next Big Thing After Cloud
Amazon CEO Andy Jassy declares generative AI the next major tech shift after the cloud, revealing plans for billions of AI agents that will transform shopping, work, and daily life—backed by custom chips and $47B in advertising growth.
FTC Secures $2.5 B Amazon Prime Settlement, $1 B Penalty
The FTC imposed a $2.5 billion settlement on Amazon for shady Prime enrollments, ordering a $1 billion penalty and $1.5 billion in refunds for 35 million users.