Jeff Bezos-Era 'Downstream Impact' Losing Its Mojo? Amazon CEO Andy Jassy Is Reportedly Rethinking Alexa Devices Business Model Resulting In Billions Worth Of Losses

Amazon.com Inc.'s (NASDAQ:AMZN) strategy of selling its Echo devices at low prices in the hope of generating profits elsewhere within the company has not yielded the expected results. The company

Benzinga34minutes ago

Google's $23B Acquisition Of Wiz Falls Through, Startup To Pursue IPO Instead: Report

Wiz, a cloud security startup, has decided to forgo a $23 billion acquisition deal with Google's parent company Alphabet Inc. (NASDAQ:GOOGL), (NASDAQ:GOOG) and will instead focus on an initial

Benzinga23:54 ET

US institutional investors survey: Nvidia still the most popular, Broadcom catching up, concerns with Micron, bearish on AMD.

According to Citigroup's survey, with Broadcom acquiring more AI customers and adding value from VMware, it is catching up with Nvidia as the largest holding for investors, while investor sentiment towards Nvidia has cooled down.

wallstreetcn23:49 ET

When is the release time of ChatGPT, the open source large-scale model? The highly anticipated Llama 3 405B is about to be released.

Analysis suggests that Llama 3 405B is not only another improvement in AI capabilities, but also a potential ChatGPT moment for open source AI. In benchmark tests, Meta Llama 3.1 outperformed GPT-4o in multiple tests such as GSM8K and Hellaswag.

wallstreetcn23:46 ET

CrowdStrike CEO George Kurtz To Testify Before Congress On Faulty Update Causing Global Disruptions

The CEO of CrowdStrike Inc., George Kurtz, has been called upon by a U.S. congressional panel to testify regarding the recent worldwide tech outage.

Benzinga23:00 ET

Amazon Buys Historic Bray Film Studios Known For 'Dracula' And 'The Curse Of Frankenstein'

Amazon.com Inc. (NASDAQ:AMZN) has acquired Bray Film Studios, the former production site for the iconic Hammer horror film series, to expand its UK-based television and film production.What Happened:

Benzinga22:39 ET