LG, Amazon ink Wi-Fi patent licensing agreement, eyes expansion into 6G and AI

LG Electronics said it signed a patent licensing deal with Amazon for the use of its Wi-Fi standard-essential patents, ...

As Amazon raises $15 billion in a bond deal, investors worry about companies taking on too much AI debt

Investors digested another huge artificial intelligence-related debt deal on Monday as supply pressures weigh on credit ...

OpenAI’s $38B cloud deal with Amazon takes ChatGPT maker further beyond Microsoft

In a major expansion of its cloud partnerships, OpenAI signed a $38 billion deal with Amazon Web Services to train and run future AI models, reflecting both the scale of the AI boom and the ...

Jeff Bezos Just Started an AI Company—What’s This Mean for Amazon?

It came as a bit of a shocker to learn that Jeff Bezos, Amazon (NASDAQ:AMZN) founder and one of the world’s richest men, is ...

Nasdaq Rises as Tech Sector Leads on Major AI Deals From Amazon and Microsoft

The Nasdaq is higher while the Dow and S&P 500 are flat after a strong October that saw the S&P and Dow both gain over 2%.

Amazon's $150 Billion AI Capex Surge Could Force Its First Big Bond Deal In Years

Amazon may need to tap Wall Street for funds as it faces rising AI and data center spending, despite sitting on $84 billion ...