Page 23 - Amazon Inc News Today

OpenAI, known for its AI chatbot ChatGPT, is reportedly contemplating developing its own AI chips or possibly acquiring a chip-making company to address the ongoing AI chip shortage and reduce dependency on Nvidia's GPUs, amidst regulatory scrutiny in the AI chip market.

Spotify Premium subscribers can now enjoy up to 15 hours of audiobooks per month, including titles like Elon Musk's biography and Stephen King's works, challenging Audible's credit-based model and expanding its audiobook library to compete in the growing market.

A former teacher, after dedicating nearly a decade to the classroom, decided to switch over to retail. After eight years in education, Maggie Perkins felt the mounting pressures of administrative duties. The challenges of teaching during the Covid-19 pandemic pushed her to consider alternative career paths.

Accused of buying a sex toy for a 14-year-old girl and installing a hidden camera in her bedroom, a Casper man originally from California faces up to 10 years in prison.  

A market strategist at JPMorgan is confident of the S&P 500 rallying to a new high by the middle of 2024 as the Fed begins to pivot.

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The US government launches an antitrust case against Amazons business practices, signaling a significant milestone in the Biden administrations commitment to reining in the influence of the countrys foremost tech behemoths.

The CNN Money Fear and Greed index remained in the "Fear" zone on Monday. U.S. stocks closed higher on Monday, with all three major indices snapping four-session losing streaks. On the economic data front, the Chicago Fed National Activity Index declined to -0.16 in August versus a revised reading of 0.07 in July.