Amazon CEO Andy Jassy used his annual shareholder letter to defend the company’s $200 billion AI spending plan for 2026—months after the announcement tanked the stock over 10% in a single session. Jassy disclosed AWS’s AI business has hit a $15 billion annual run rate, pointed to customer commitments backing “a substantial portion” of the capex, and compared the current AI cycle to Amazon’s early bet on cloud computing.
Pakistan Cricket Board seeks explanation from its selection committee. The board questioned the rationale behind…
During a comprehensive operation aimed at reinforcing public safety, US Immigration and Customs Enforcement detained…