In Brief Amazon has confirmed that it has acquired Fauna Robotics, a two-year-old startup founded by former Meta and Google engineers who are developing kid-size humanoid robots.The acquisition was first reported by Bloomberg. Terms of the deal weren’t disclosed. What we do know is that Fauna’s employees, including its two founders, will join Amazon in New York City. “We are excited about Fauna’s vision to build capable, safe, and fun robots for everyone,” an Amazon spokesperson wrote in an emailed stateme ...

OpenAI is pulling the plug on the Sora app — at least in the current form. The company confirmed it will discontinue Sora as a consumer app and API, marking a sharp pivot away from one of its splashiest generative video experiments."We've decided to discontinue Sora in the consumer app and API," an OpenAI spokesperson told Business Insider in a statement. "As we focus and compute demand grows, the Sora research team continues to focus on world simulation research to advance robotics that will help people s ...

Amazon has acquired Fauna Robotics, a startup that builds "approachable" humanoid robots for consumers and businesses, the company confirmed Tuesday. Terms of the deal weren't disclosed. "We are excited about Fauna's vision to build capable, safe, and fun robots for everyone," an Amazon spokesperson told CNBC in a statement. "Together with Amazon's robotics expertise and decades of experience earning customer trust in the home through our retail and devices businesses, we're looking forward to inventing new ...

Mark, I'm going to start off with the humanoid robot here. I don't know exactly what Amazon's paying for it, but if I want one of these robots is 50 grand, and according to your reporting, it can give me high fives, shake hands, wave and crawl. I hoping to do more than that for 50 grand.Why has Amazon done this. Well, this is one of the more advanced and friendlier or, you know, humanlike humanoid robots on the market right now. It's not a mass consumer device.The $50,000 price tag is for researchers, scien ...

Abu Dhabi’s The investments are expected to be finalised by the end of this month, the people said. Talks are ongoing and the final amount could change.The ChatGPT maker announced last month that it had finalized a deal to raise $110 billion in funding from Amazon.com Inc., Nvidia Corp. and SoftBank Group Corp. Bloomberg News previously reported OpenAI planned to seek more money from venture firms before completing the round. OpenAI declined to comment. Representatives for Coatue, MGX, Thrive and Altimeter ...

Summary: Entrepreneur and Avanza Capital CEO Frank Scarso reaches #1 on Amazon in Family Relationships with his deeply personal book, "The Hard Way Home," sharing an honest journey from success to rock bottom and back.Staten Island, New York--(Newsfile Corp. - March 24, 2026) - Frank Scarso, founder and CEO of Avanza Capital, has reached a significant milestone as his book The Hard Way Home: How Losing Everything Taught Me What Really Matters climbs to #1 on Amazon in Family Relationships. The book has als ...

Oracle Corp (NYSE:ORCL) shares are trading lower on Tuesday following reports suggesting that Amazon is developing an AI agent tool to automate some sales, business development and other functions.Reports also suggest that concerns over AI disrupting SaaS business models is one of the drivers behind recent attempts to withdraw funds from private credit funds.Moreover, Oracle announced fresh product launches around its Fusion Applications AI tooling, even as the Technology sector stayed soft.BofA Securities ...

EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivEuropean Commission Executive Vice-President for Clean, Just and Competitive Transition Teresa Ribera speaks at a press conference in Brussels, Belgium June 2, 2025. REUTERS/Yves Herman/File... Purchase Licensing Rights, opens new tabRead moreCompaniesAlphabet IncFollowAmazon.com IncFollowMeta Platforms IncFol ...

Exchange 2026: T. Rowe Price on the Active ETF Shift T. Rowe Price is leveraging three decades of private equity experience to give active ETF investors access to companies at the core of artificial intelligence, including OpenAI, Anthropic, and Databricks, according to Christopher Murphy, head of ETF specialists at the firm. In an interview at the Exchange conference in Las Vegas, Murphy said the T. Rowe Price Technology ETF (TTEQ)may be the only ETF holding both Databricks and Anthropic. The firm's abilit ...

Fort Lauderdale, FL, March 24, 2026 (GLOBE NEWSWIRE) -- Life Extension, a top brand in vitamins and supplements, has tapped Ryan Thompson as its new Vice President of Business Development, overseeing its partnerships and retail sales and operations. Thompson previously led Amazon’s Health and Wellness category management team. According to Life Extension Chief Executive Officer Paul Gilner, Thompson’s experience in wellness and ecommerce will facilitate the company’s growth. “Ryan has the experience and kn ...