Amazon to buy Globalstar for $11.57B in bid to flesh out its satellite biz
Amazon on Tuesday agreed to buy satellite company Globalstar, known for powering Apple’s “Emergency SOS” feature, for $11.57 billion in cash.
Amazon on Tuesday agreed to buy satellite company Globalstar, known for powering Apple’s “Emergency SOS” feature, for $11.57 billion in cash.
Following the initial release of the first-generation Fire TV Stick HD two years ago, Amazon has created a new model that is its thinnest streaming device to date, the company says.
Nuclear startup X-energy hit the road today to sell prospective investors on its initial public offering.
Amazon has made another circular AI deal: It’s investing another $5 billion in Anthropic. Anthropic has agreed to spend $100 billion on AWS in return.
The agreement comes just as Einride is finalizing a merger with blank-check company Legato Merger Corp. to go public.
Users will be able to see live events of an artist on their Amazon Music profile.
Meta has commandeered a big chunk of Amazon’s homegrown CPUs (not GPUs) for AI agentic workloads, signaling that a new kind of chip race has begun.
Amazon-backed X-energy was able to raise around 20% more money in its IPO as demand for nuclear power surges.
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