Amazon.com (AMZN) news

General Catalyst discusses building own data center - The Information

General Catalyst, a global investment and transformation firm, has not announced plans to build its own data center as of the latest available information. Instead, the firm has opted to partner with Amazon Web Services as its preferred cloud provider to support the development of healthcare AI…

Bank of India: Future Enterprise INR 5.75B NPA declared as fraud

Bank of India has declared a non-performing asset (NPA) of INR 5.75 billion under the Future Enterprise account as a case of fraud, according to internal assessments and regulatory filings. The classification follows an investigation into the account, which revealed intentional misrepresentation…

Digital currency X technology - To provide initial strategic investment of $4 mln to Whales AI

Digital currency X technology has announced an initial strategic investment of $4 million to Whales AI, a company specializing in artificial intelligence (AI) applications. This investment aligns with the growing demand for AI infrastructure, as highlighted by recent developments in the technology…

Chinese AI startup Moonshot's top executives in talks to settle a shareholder dispute over their alleged wrongdoing, people say

Chinese AI startup Moonshot is reportedly in discussions to resolve a shareholder dispute involving its top executives, according to sources familiar with the matter. The dispute centers on allegations of wrongdoing by the executives, though specific details regarding the nature of the claims have…

ImportantAmazon in talks to buy AI startup Decart for around $7 billion - WSJ