By Marco Piccolo Key highlights: Amazon shares jumped 5% to a record high following a $38 billion cloud infrastructure deal with OpenAI. OpenAI will use AWS’s Nvidia GPU-powered servers to scale its AI workloads, including ChatGPT. The agreement underscores intensifying demand for AI compute and competition among cloud providers. Trade on Plus500 CFDs are complex […]
Tag: AWS
By Marco Piccolo Key highlights: Amazon is preparing to lay off as many as 30,000 white-collar employees, or roughly 10% of its corporate workforce. The move is part of CEO Andy Jassy’s cost-cutting push and growing focus on AI-driven efficiency. Wedbush raised its price target for AMZN to $280 ahead of Thursday’s earnings call, projecting […]
By Chainwire [PRESS RELEASE – VILNIUS, Lithuania, September 17th, 2025, Chainwire] BTCC, the world’s longest-serving cryptocurrency exchange, has announced its Proof of Reserves (PoR) report, revealing a commanding 143% total reserve ratio. This report highlights BTCC’s unwavering financial strength, with every major cryptocurrency fully collateralized. Dated September 15, 2025, the PoR report demonstrates BTCC’s commitment […]