Parafin lands a Goldman Sachs credit facility to embed lending inside Amazon, DoorDash, and Walmart
Parafin lands a Goldman Sachs credit facility to embed lending inside Amazon, DoorDash, and Walmart

Parafin, an embedded financial infrastructure company on the 2026 Forbes Fintech 50 list, has secured a new credit facility led by Goldman Sachs alongside One William Street Capital Management. The facility will expand access to embedded lending for sm…

Amazon admits its AI models lag behind OpenAI and Anthropic, but says it can catch up
Amazon admits its AI models lag behind OpenAI and Anthropic, but says it can catch up

Amazon’s AI chief has said what the market long suspected. Peter DeSantis, the senior vice president who oversees the company’s AI models, custom chips, and quantum computing, told CNBC that Amazon’s models “haven’t been at the very frontier for the ve…

The Echo Dot Max is cheaper than ever in an early Prime Day sale
The Echo Dot Max is cheaper than ever in an early Prime Day sale

We’re seeing good early Prime Day deals ahead of the event next week, and unsurprisingly, some of the best deals are on Amazon’s own devices. Several Echo speakers have dropped to new low prices, including the Echo Dot Max, which is on sale for $64.99 ($35 off) at Amazon. Our smart home reviewer Jennifer Pattison […]

How to find the best deals during Amazon’s Prime Day sale
How to find the best deals during Amazon’s Prime Day sale

Amazon’s Prime Day is one of the biggest shopping events of the year, and the four-day sale for 2026 begins June 23rd at 3:01AM ET and ends at the same time on June 27th. It will grant Prime members access to some of the best prices of the year on Amazon devices, as well as […]

Odyssey took Nvidia’s money. Now it’s raised $310M betting on Amazon and AMD
Odyssey took Nvidia’s money. Now it’s raised $310M betting on Amazon and AMD

Odyssey, an AI lab building real-time ‘world models’, has raised $310mn at a $1.45bn valuation. The more telling number is whose names are on the round. The Series B was led by Natural Capital, with Amazon, AMD Ventures, Google’s GV, EQT and the CIA-li…

Amazon could face billions in fines as the FTC eyes its ad business
Amazon could face billions in fines as the FTC eyes its ad business

Amazon’s advertising business has become its quiet money machine. It may also be its next big regulatory headache. The US Federal Trade Commission has drafted a potential complaint accusing Amazon of misleading advertisers, a case that could lead to bi…

Amazon’s Smart Thermostat is on sale for just $58
Amazon’s Smart Thermostat is on sale for just $58

If your electricity bill climbs every summer, a smart thermostat could help keep cooling costs in check. The Amazon Smart Thermostat is an excellent option for its price, especially today. It’s down to just $57.99 at Amazon as a part of Amazon’s early Prime Day sale, which is the best price we’ve seen since Black […]

Amazon’s CEO reportedly triggered the government crackdown that shut down Anthropic’s most powerful AI
Amazon’s CEO reportedly triggered the government crackdown that shut down Anthropic’s most powerful AI

Amazon CEO Andy Jassy was reportedly the source of security concerns that led the US government to force Anthropic to shut down Fable 5 and Mythos 5 for every customer on Friday. The Wall Street Journal reported that Jassy told Treasury Secretary Scott…

Amazon security research reportedly led to the White House’s Anthropic Fable ban
Amazon security research reportedly led to the White House’s Anthropic Fable ban

According to the The Wall Street Journal, the export control directive that led to Anthropic cutting off access to Fable 5 and Mythos 5 was triggered in part by cybersecurity research from Amazon and conversations between CEO Andy Jassy and the White House. According to the report, the paper from Amazon claims that, through a […]

Amazon CEO reportedly raised Anthropic model concerns before government crackdown

Amazon CEO Andy Jassy may have been the source of security concerns that led Anthropic to cut off worldwide access to two models on Friday.