Amazon's Cost-Cutting AI Ambitions
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Technology
Big Tech is on a cost-cutting spree to fund big AI bets

75% Informative
Amazon is on a cost-cutting spree to fuel its endless appetite for big AI bets.
The dating app's stock plummeted on Wednesday following its latest earnings report.
Palantir 's stock tanked 10% after reports that Defense Secretary Pete Hegghh ordered four-day budget cuts.
Microsoft unveiled Majorana 1 , a quantum chip the company says is powered by a new state of matter.
The development is "just as revolutionary as the silicon transistor," a quantum expert told BI .
Big Tech is exploring carbon capture, which essentially means burying carbon emissions underground.
Nikola filed for bankruptcy on Wednesday .
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