Based on over 20,000 reports, Amazon appears to be experiencing an outage. According to Downdetector, reports of problems started increasing at 1:41 pm ET today. By 2:26 pm, ET, Downdetector received 18,320 reports of problems with Amazon’s website. The number of complaints peaked at 3:32 pm ET at 20,804. There have also been a smaller… Read More »
On Tuesday, eBay updated its User Agreement to explicitly ban third-party “buy for me” agents and AI chatbots from interacting with its platform without permission, first spotted by Value Added Resource. On its face, a one-line terms of service update doesn’t seem like major news, but what it implies is more significant: The change reflects… Read More »
TSMC posted net income of NT$505.7 billion (about $16 billion) for the quarter, up 35 percent year over year and above analyst expectations. Revenue hit $33.7 billion, a 25.5 percent increase from the same period last year. The company expects nearly 30 percent revenue growth in 2026 and plans to spend between $52 billion and… Read More »
The cost of “free” knowledge The push for paid licensing follows years of rising infrastructure costs as AI companies scraped Wikipedia content at an industrial scale. In April 2025, the foundation reported that bandwidth used for downloading multimedia content had grown 50 percent since January 2024, with bots accounting for 65 percent of the most… Read More »
Taking responsibility for power usage In the Microsoft blog post, Smith acknowledged that residential electricity rates have recently risen in dozens of states, driven partly by inflation, supply chain constraints, and grid upgrades. He wrote that communities “value new jobs and property tax revenue, but not if they come with higher power bills or tighter… Read More »
On Monday, OpenAI announced it has signed a seven-year, $38 billion deal to buy cloud services from Amazon Web Services to power products like ChatGPT and Sora. It’s the company’s first big computing deal after a fundamental restructuring last week that gave OpenAI more operational and financial freedom from Microsoft. The agreement gives OpenAI access… Read More »
In turn, the delay in network state propagations spilled over to a network load balancer that AWS services rely on for stability. As a result, AWS customers experienced connection errors from the US-East-1 region. AWS network functions affected included the creating and modifying Redshift clusters, Lambda invocations, and Fargate task launches such as Managed Workflows… Read More »
Share valuations based on past earnings have also reached their highest levels since the dotcom bubble 25 years ago, though the BoE noted they appear less extreme when based on investors’ expectations for future profits. “This, when combined with increasing concentration within market indices, leaves equity markets particularly exposed should expectations around the impact of… Read More »
Microsoft’s Office 365 suite will soon incorporate AI models from Anthropic alongside existing OpenAI technology, The Information reported, ending years of exclusive reliance on OpenAI for generative AI features across Word, Excel, PowerPoint, and Outlook. The shift reportedly follows internal testing that revealed Anthropic’s Claude Sonnet 4 model excels at specific Office tasks where OpenAI’s… Read More »
Still, the coincidence between Altman’s statement and the MIT report reportedly spooked tech stock investors earlier in the week, who have already been watching AI valuations climb to extraordinary heights. Palantir trades at 280 times forward earnings. During the dot-com peak, ratios of 30 to 40 times earnings marked bubble territory. The apparent contradiction in… Read More »