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Rivian has bad news for hundreds of its workers
TheStreet104d agoneutral
Rivian has bad news for hundreds of its workers

Shipping a product people love and running a company that makes money are two different jobs. One earns applause. The other earns a line on the balance sheet, and the two rarely arrive in the same week. Rivian spent years selling the idea that it could become the next great American carmaker. Its ...

Reuters104d agoneutral
AI lab Odyssey valued at $1.45 billion in latest funding round

AI lab Odyssey said on Wednesday ‌it has raised $310 ‌million in a funding round ​that valued it at $1.45 billion. The Series B round was led by Natural ‌Capital, ⁠with participation from Amazon, AMD Ventures, GV, ⁠EQT, IQT and others. The last few years ​have seen ​major ​breakthroughs in ‌scaling, interactivity, multimodality and physics accuracy, and the field is now advancing extremely quickly,” said Oliver ‌Cameron, Co-founder ​and CEO of ​Odyssey.

Amazon (AMZN) Faces FTC Action Over Alleged Deceptive Advertising Practices
Simply Wall St.104d agoneutral
Amazon (AMZN) Faces FTC Action Over Alleged Deceptive Advertising Practices

Amazon.com (NasdaqGS:AMZN) is facing imminent multi billion dollar regulatory action from the U.S. Federal Trade Commission over alleged deceptive advertising practices. The probe centers on how Amazon runs its advertising auctions and discloses key terms to advertisers and marketplace sellers. Potential outcomes include multi billion dollar penalties and new compliance requirements for Amazon's advertising business. For investors watching Amazon.com at a current share price of $246.0, this...

What is Amazon’s free cash flow in 2026?
TheStreet104d agoneutral
What is Amazon’s free cash flow in 2026?

Amazon’s growth over the past three decades has been phenomenal. The company initially started out selling books online at the start of the internet boom in the mid-1990s, but its online marketplace now offers millions of goods, from clothing to electronics to groceries and household essentials. ...

Uber Robo-Taxis Move Step Closer as Self-Driving War Revs Up
Barrons.com104d agoneutral
Uber Robo-Taxis Move Step Closer as Self-Driving War Revs Up

On Wednesday, ride-hailing giant Uber EV maker Lucid and self-driving technology start-up Nuro announced plans to launch robo-taxis in Houston in 2027. Uber operates the network, Lucid builds the cars, and Nuro provides the autonomous driving technology. The move is yet another example that the long-promised era of driverless cars has arrived.

Bloomberg104d agoneutral
Apple Investors Are Tired of AI Promises, Want Tangible Progress

(Bloomberg) -- Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace Deal“Ther