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Amazon pours up to $4B into AI startup Anthropic, escalating rivalry with Microsoft and Google

GeekWire

Amazon will invest up to $4 billion and take a minority stake in Anthropic , the San Francisco-based artificial intelligence company founded two years ago by former OpenAI executives and considered one of the world’s top AI labs. billion purchase of Whole Foods in 2017 and its $8.5 ”

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Amazon’s cloud business and AI initiatives in the spotlight in advance of earnings report

GeekWire

Amazon’s cloud revenue growth rate and its artificial intelligence initiatives will be closely scrutinized when the company reports second-quarter earnings Thursday afternoon, Aug. Wall Street analysts expect the company to report net sales (revenue) of $131.5 billion, up 8.5% from a year ago, as reported by Yahoo Finance.

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Amazon Go Grocery stores slated for Seattle area and Washington D.C., expanding retail footprint

GeekWire

Since acquiring Whole Foods in 2017, Amazon has expanded the chain’s online order business. Banks of cameras and sensors overhead track everything put into a shopping cart, with the help of artificial intelligence — rendering unnecessary the ritual of scanning and paying at a checkout stand. of its total net sales of $75.5

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A look back at IT recruitment in 2017 – what’s next for 2018

Hacker Earth

Not long ago, we were analyzing the trends unfolding in 2017 and in no time, we are talking about projections for the next year. So here’s a closer look at the lessons 2017 taught us and what we can expect from 2018. . The year 2017 saw a rise in the use of Social Media in recruitment. Heard that too often in the year 2017?

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Accelerate Sustainable Digital Transformation in the Oil & Gas Industry

CIO Business Intelligence

In response, oil and gas majors are making headway in terms of carbon reporting, net-zero targets, and accountability. HPE is committed to becoming a net-zero enterprise by 2040 and offers a portfolio of sustainable innovation, technologies, solutions, and cloud services. Many have even spun up renewable energy arms.

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Lumen CEO Kate Johnson on Seattle tech, AI, lessons from Microsoft, and ‘cloudifying’ telecom

GeekWire

.” It’s part of a broader effort by Johnson and her team to reinvent the publicly traded telecom company, which was formed by the combination of Level 3 Communications and CenturyLink in 2017 and rebranded as Lumen in 2020. She is charged with sparking new growth at a company that reported a net loss of $1.5

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Tech Moves: Top Blue Origin engineer joins SpaceX; Axon hires HTC Vive exec; Porch adds to board

GeekWire

Prior to joining Convoy in 2018, Kreiner was CEO of Cal Net Technology Group and a managing partner at Olympic Valley Capital. At Amazon, Bahadur managed worldwide fraud and abuse and previously led the Alexa artificial intelligence group. Headquartered in Santa Clara, Calif., Shalabh Chaudhri. Panda Photo). Pichai has a Ph.D.

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