tech

3/26/25

If you’re sick or just have an insatiable need to buy stuff, Amazon is testing an AI chatbot for you

Amazon has begun testing chatbots for shopping and health that let consumers use plain language to get assistance, CNBC reports.

“Interests,” which will roll out to all US customers “in the coming months,” prompts users to describe what they’re looking for or interested in — “model building kits and accessories for hobbyist engineers and designers” or “the latest pickleball gear and accessories,” the company suggested — and the bot then continually offers up products that fit the bill.

“Health AI” can answer health questions, “provide common care options for health care needs,” and suggest products, including those in its online pharmacy or services provided by Amazon-owned One Medical, CNBC reports.

So if your interests or health needs include “buying things on Amazon,” you’re in luck!

These new chatbots are part of a larger move by Amazon to use generative AI across Amazon’s many product lines, both internal and customer-facing.

“We’re using it really all over our retail business and all the businesses in which we’re in,” CEO Andy Jassy said of generative AI during the company’s earnings call last month. “We’ve got about 1,000 different generative AI applications we’ve either built or are in the process of building right now.”

Amazon is testing shopping, health assistants as it pushes deeper into generative AI

Amazon is testing shopping, health assistants as it pushes deeper into generative AI

“Health AI” can answer health questions, “provide common care options for health care needs,” and suggest products, including those in its online pharmacy or services provided by Amazon-owned One Medical, CNBC reports.

So if your interests or health needs include “buying things on Amazon,” you’re in luck!

These new chatbots are part of a larger move by Amazon to use generative AI across Amazon’s many product lines, both internal and customer-facing.

“We’re using it really all over our retail business and all the businesses in which we’re in,” CEO Andy Jassy said of generative AI during the company’s earnings call last month. “We’ve got about 1,000 different generative AI applications we’ve either built or are in the process of building right now.”

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9/11/25

OpenAI and Microsoft reach agreement that moves OpenAI closer to for-profit status

In a joint statement, OpenAI and Microsoft announced a “non-binding memorandum of understanding” for their renegotiated $13 billion partnership, which was a source of recent tension between the two companies.

Settling the agreement is a requirement to clear the way for OpenAI to convert to a for-profit public benefit corporation, which it must do before a year-end deadline to secure a $20 billion investment from SoftBank.

OpenAI also announced that the controlling nonprofit arm would hold an equity stake in the PBC valued at $100 billion, which would make it “one of the most well-resourced philanthropic organizations in the world.”

The statement read:

“This recapitalization would also enable us to raise the capital required to accomplish our mission — and ensure that as OpenAI’s PBC grows, so will the nonprofit’s resources, allowing us to bring it to historic levels of community impact.”

A joint statement from OpenAI and Microsoft

A joint statement from OpenAI and Microsoft

Settling the agreement is a requirement to clear the way for OpenAI to convert to a for-profit public benefit corporation, which it must do before a year-end deadline to secure a $20 billion investment from SoftBank.

OpenAI also announced that the controlling nonprofit arm would hold an equity stake in the PBC valued at $100 billion, which would make it “one of the most well-resourced philanthropic organizations in the world.”

The statement read:

“This recapitalization would also enable us to raise the capital required to accomplish our mission — and ensure that as OpenAI’s PBC grows, so will the nonprofit’s resources, allowing us to bring it to historic levels of community impact.”

tech

9/11/25

BofA doesn’t expect Tesla’s ride-share service to have an impact on Uber or Lyft this year

Analysts at Bank of America Global Research compared Tesla’s new Bay Area ride-sharing service with its rivals and found that, for now, it’s not much competition for Uber and Lyft. “Tesla scale in SF is still small, and we don’t expect impact on Uber/Lyft financial performance in ’25,” they wrote.

Tesla is operating an unknown number of cars with drivers using supervised full self-driving in the Bay Area, and roughly 30 autonomous robotaxis in Austin. The company has allowed the public to download its Robotaxi app and join a waitlist, but it hasn’t said how many people have been let in off that waitlist.

While the analysts found that Tesla ride-shares are cheaper than traditional ride-share services like Uber and Lyft, the wait times are a lot longer (nine-minute wait times on average, when cars were available at all) and the process has more friction. They also said the “nature of [a] Tesla FSD ‘driver’ is slightly more aggressive than a Waymo,” the Google-owned company that’s currently operating 800 vehicles in the Bay Area.

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Apple AI was MIA at iPhone event

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tech

9/10/25

Oracle’s massive sales backlog is thanks to a $300 billion deal with OpenAI, WSJ reports

OpenAI has signed a massive deal to purchase $300 billion worth of cloud computing capacity from Oracle, according to a report from The Wall Street Journal.

The report notes that the five-year deal would be one of the largest cloud computing contracts ever signed, requiring 4.5 gigawatts of capacity.

The news is prompting shares to pare some of their massive gains, presumably because of concerns about counterparty and concentration risk.

Yesterday, Oracle shares skyrocketed as much as 30% in after-hours trading after the company forecast that it expects its cloud infrastructure business to see revenues climb to $144 billion by 2030.

Oracle shares were up as much as 43% on Wednesday.

It’s the second example in under a week of how much OpenAI’s cash burn and fundraising efforts are playing a starring role in the AI boom: the Financial Times reported that OpenAI is also the major new Broadcom customer that has placed $10 billion in orders.

Exclusive | Oracle, OpenAI Sign Massive $300 Billion Cloud Computing Deal

Exclusive | Oracle, OpenAI Sign Massive $300 Billion Cloud Computing Deal

Yesterday, Oracle shares skyrocketed as much as 30% in after-hours trading after the company forecast that it expects its cloud infrastructure business to see revenues climb to $144 billion by 2030.

Oracle shares were up as much as 43% on Wednesday.

It’s the second example in under a week of how much OpenAI’s cash burn and fundraising efforts are playing a starring role in the AI boom: the Financial Times reported that OpenAI is also the major new Broadcom customer that has placed $10 billion in orders.

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