Readwise takes on Amazon’s Kindle and Goodreads with its new app for book lovers
Readwise Books combines an e-book store, reading tracker, detailed reading stats, and AI features in a bid to challenge Amazon’s ecosystem.
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VCs will make billions on Anthropic’s IPO, but Amazon is set to make much (much) more
Massive note conversions reveal the true extent of Amazon’s ownership in Anthropic.
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Amazon debuts the Alexa Photo Frame and Echo Time smart clock, plus other upgraded devices
Amazon’s other new devices include an upgraded Echo Dot, an Echo Studio with visual intelligence features, and the Echo Show 16.
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Trump DOE loans $5B to nuclear plants that will power data centers
Constellation Energy will get $5 billion in government loans to modernize nuclear reactors. Most of the new capacity is already committed to Google, Amazon, and Meta.
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Amazon updates Alexa to help you manage shopping lists and subscriptions and update delivery instructions
The update allows you to use Alexa to create lists, register them, see what’s on them, and add or edit items. You can also manage subscriptions.
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Amazon reported booming cloud revenue but otherwise missed expectations
The biggest ouch of the report was its negative free cash flow of $2.4 billion.
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AI | Enterprise
AWS will be a $1T business, Jassy says — but first, it will spend big
Amazon wants to be the king of AI cloud computing and become the first $1 trillion revenue business. But to do that it will have to continue on its capex spending spree, its CEO said Thursday.
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Andy Jassy says Prime Video is on track to earn ‘tens of billions of dollars’
The success of blockbuster hits like “Project Hail Mary” and “Verity” is only part of the story, Amazon’s CEO says.
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AI | Enterprise
Cracks are emerging in the AI spending boom
Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the AI spending boom.
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PSA: Amazon’s shopping AI can now tell you if that message is a scam
Amazon is adding a scam-detection feature to Alexa for Shopping that can verify whether suspicious emails, texts, and other messages actually came from the retailer.
