OpenAI negotiates with Amazon for a massive $10+ billion investment deal that includes using Amazon's AI chips, marking a major shift after breaking free from Microsoft's exclusive computing partnership in October.
Amazon CEO Andy Jassy promotes 27-year company veteran Peter DeSantis to head a newly formed AI division encompassing Nova models, silicon development, and quantum computing as longtime Alexa chief Rohit Prasad announces his departure.
Adobe Firefly revolutionizes video editing by launching text-command capabilities that modify specific video elements without recreating entire clips, while integrating powerful third-party AI models including Runway's Aleph and offering unlimited generations to subscribers through 2026.
Consumer AI startups face mass extinction as tech giants absorb their features into platforms, with venture capitalists warning the industry needs stabilization before breakthrough apps emerge, potentially requiring entirely new devices beyond smartphones to unlock AI's full consumer potential.
Ford launches a $2 billion battery storage business targeting data centers and electric grids, repurposing its Kentucky factory to produce lithium iron phosphate batteries with 20GWh annual capacity starting in 2027 as it pivots from scaled-back electric vehicle plans to compete with Tesla and GM in energy storage.
Palantir's longtime CIO Jim Siders exits after 12 years to helm Shield Technology Partners, a $100M AI-focused IT services firm under Thrive Capital that acquires stakes in tech companies and accelerates their growth through advanced artificial intelligence capabilities.
NVIDIA acquires SchedMD, creator of Slurm software that manages workloads for over half of the world's top supercomputers, promising to keep the critical AI and high-performance computing infrastructure open-source while accelerating development for next-generation artificial intelligence systems.
Anthropic emerges as Broadcom's mystery customer behind massive AI chip orders totaling $21 billion, intensifying competition with Nvidia's market-dominating processors as demand surges for custom artificial intelligence hardware solutions.
Disney CEO Bob Iger defends the company's OpenAI partnership that grants exclusive access to 200 Disney characters through the Sora platform while excluding voices and likenesses to respect creators, as he simultaneously calls for regulatory scrutiny of Netflix's proposed Warner Bros. acquisition.
Meta contemplates abandoning its open-source AI strategy with the closed-source 'Avocado' model while CEO Mark Zuckerberg restructures operations amid major executive departures including chief AI scientist Yann LeCun and internal conflicts over competing with OpenAI versus improving social media platforms.