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Produce At Whole Foods Market's Flagship Store
Shoppers in the produce section at a Whole Foods in Texas. (Photo by John Anderson/The Austin Chronicle/Getty Images)

Amazon says it’s doubling down on opening Whole Foods stores. That sounds familiar.

The company says it’ll open 100 Whole Foods locations in the next few years. That sounds similar to plans Whole Foods’ CEO laid out for opening 30 stores a year in 2024. Since then, it appears to have added 14, total.

Amazon put out a press release today saying it’s doubling down on physical retail, announcing plans to open more than 100 Whole Foods Market stores over the next few years.

That sounds like a lot. But it also sounds familiar.

Amazon and Whole Foods have been talking up aggressive expansion plans for years, without much to show for it. In May 2024, Whole Foods CEO Jason Buechel said the grocer aimed to open more than 30 stores per year, with 75 locations already in the development pipeline.

Yet the store count tells a much slower story. According to Wayback Machine archives of Whole Foods’ “About” page, the company had 514 US stores, 14 in Canada, and 7 in the UK as of June 2023. Nearly two years later, that page lists 531 US stores, 12 in Canada, and 6 in the UK — a net increase of just 14 stores worldwide, or roughly seven per year. That total includes closures, meaning Whole Foods may have opened more locations than that but shuttered others along the way.

Amazon didn’t respond to specific questions about what happened to the earlier rollout. Instead, it pointed back to language from Tuesday’s press release.

“While we've seen encouraging signals in our Amazon-branded physical grocery stores, we haven't yet created a truly distinctive customer experience with the right economic model needed for large-scale expansion,” the company wrote, explaining its decision to close the remaining Amazon Go and Amazon Fresh stores — some of which will be converted into Whole Foods locations.

Still, Tuesday’s announcement underscores Amazon’s growing focus on groceries, which it increasingly sees as a hybrid business spanning same-day delivery and physical stores. A larger store footprint would support that delivery push. And Amazon customers still shop at stores in person, after all, while the vast majority of retail sales continue to happen offline.

In December, Amazon said it offered same-day grocery delivery in 2,300 US cities and it’s planning to expand to more locations in 2026. And just last week, the company won approval to open a massive hybrid big-box grocery store and fulfillment center outside Chicago.

Whether Amazon’s latest pledge marks a real shift will become clear only if its store counts start rising much more quickly than they have been.

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Anthropic reportedly doubles current fundraising round to $20 billion

Anthropic has doubled its current fundraising round to $20 billion on strong investor demand, according reporting from the Financial Times. The new fundraising round would value the company at a staggering $350 billion. That’s up 91% from September when it raised at a valuation of $183 billion.

The company reportedly received interest totaling fix to six times their original $10 billion fundraising goal, and they are expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack, OpenAI.

The company reportedly received interest totaling fix to six times their original $10 billion fundraising goal, and they are expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack, OpenAI.

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Georgia lawmakers introduce data center construction moratorium amid statewide pushback

More and more communities across the US are wrestling with the pros and cons of having a data center come to town. Georgia has become a hotspot of resistance to the data centers planned by Big Tech, according to a new report from The Guardian. The Atlanta metro area led the nation in data center construction in 2024.

Georgia state representatives introduced legislation that would place a one-year moratorium on data center construction in the state. Ten Georgia municipalities have already passed local bans on data centers.

Per the report, at least three other states have seen similar data center moratorium legislation introduced in the last week, including Maryland and Oklahoma.

Georgia state representatives introduced legislation that would place a one-year moratorium on data center construction in the state. Ten Georgia municipalities have already passed local bans on data centers.

Per the report, at least three other states have seen similar data center moratorium legislation introduced in the last week, including Maryland and Oklahoma.

tech

Corning soars after striking deal to sell up to $6 billion in optical infrastructure to Meta

Glass company Corning is soaring in early trading after announcing a $6 billion deal with Meta to provide its data centers with fiber-optic cable products. Thanks to a string of big tech deals — including partnerships with Broadcom and Apple — Corning’s stock is up about 100% over the past year.

A 175-year-old glass manufacturer, Corning is known for its Gorilla Glass, used in smartphone and laptop screens. It was known in the past for its iconic blue cornflower CorningWare ceramics, a consumer cookware business it spun off in the 1990s.

In an interview, Corning CEO Wendell Weeks told CNBC that he thinks “next year the hyperscalers will be our biggest customers,” amid demand from tech giants including Google and Microsoft.

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