Zoox on Tuesday began allowing select San Francisco users to hail its driverless vehicles, pitting the Amazon-owned robotaxi service against Alphabet's Waymo in the same market for the first time. Riders can sign up for the "Zoox Explorers" program to take free rides in the company's robotaxis in San Francisco's SoMa, Mission and Design District neighborhoods.
Big Tech companies are expected to spend over $400 billion on AI infrastructure in 2025, with even higher spending planned for 2026. That spending extends beyond well chips to include networking equipment, data centers, cooling systems, and server integration.
The futures are trading lower for the fourth straight day as we start the week, following deep selling on Monday, especially in some of the big technology names, such as NVIDIA Corp.
Amazon and Microsoft cloud services could face stricter EU competition rules as Brussels probes their market power, the bloc's tech chief said Tuesday.
Bitcoin (BTC-USD) briefly slid below $90,000, erasing 2025 gains and reflecting weakened risk sentiment amid economic pressures and rate cut uncertainty. Amazon (AMZN) raised $15B in its first U.S. bond sale since 2022, fueling AI investments and attracting strong investor demand.
The European Commission has launched market investigations on cloud computing services by Amazon and Microsoft under the digital markets act (DMA), which aims to curb the power of Big Tech and ensuring a level playing field for smaller rivals.
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