Nearly 80% of major cities in the U.S. are now buyer's markets, defined as a market where the number of sellers is more than 10% higher than the number of buyers.
Amazon is reevaluating its AI strategy by downsizing its Nova AI models and redirecting resources toward robotics-focused development.
Amazon is reevaluating its AI strategy by downsizing its Nova AI models and redirecting resources toward robotics-focused development. PULSE POINTS WHAT HAPPENED: Amazon is scaling back much of its in-house artificial intelligence development after several of its Nova AI models failed to meet expectations. The company is reportedly placing most of its text, image, and video generation models into a maintenance mode that provides only minimal resources, while shifting staff and computing power to a single frontier AI project led by Pieter Abbeel, the former co-founder of robotics startup Covariant, which Amazon acquired in 2024. DETAIL: The move is intended to concentrate resources on the company’s highest-priority AI initiatives,…Open
The world’s most valuable company is chasing Intel and Apple as it tries to bring A.I. agents to laptops and desktops.
Vintage American clothing still commands high prices, but the physical manifestations of U.S. empire have decayed. No one knows what’s next.
GameStop locations would potentially become drop-off and shipping locations for eBay products.
A new generation of Indonesian consumers view Chinese brands as high-tech and of good quality, a departure from the days when “made in China” was associated with cheap goods.
The rivals made billions of dollars in the business over the past year, showing other companies that Nvidia isn’t the only game in town.