Amazon stock crashes 8% as the tech giant announces a staggering $200 billion AI spending plan for 2026, far exceeding analyst expectations of $146.6 billion, despite beating revenue forecasts and AWS posting its fastest growth in over three years at 24%.
Amazon rolls out Alexa+ nationwide with advanced AI capabilities for $19.99 monthly, offering Prime members free unlimited access while addressing early user complaints about limited functionality through improvements powered by Amazon Nova and Anthropic models.
Salesforce launches groundbreaking integration with Anthropic's Claude AI, allowing users to seamlessly search Slack messages, generate drafts, and query customer data directly through the AI assistant while maintaining enterprise security controls across business applications.
Amazon rolls out Alexa+ nationwide with advanced generative AI capabilities that enable natural conversations and complex task completion, offering free access to Prime members while charging non-Prime users $19.99 monthly after beta testing showed users engaged 2-3 times more than with original Alexa.
Elon Musk merges SpaceX with xAI in a massive $1.5 trillion power play, as his AI startup hemorrhages billions and desperately needs capital to compete with OpenAI and Anthropic, with a SpaceX IPO and a Trump-friendly regulatory environment clearing the path forward.
SpaceX acquires xAI for $1.25 trillion to launch space-based data centers alongside Google and other tech giants, despite experts warning that the hundreds of thousands of required satellites could trigger catastrophic Kessler syndrome and create insurmountable hardware upgrade challenges.
AI coding companies race to democratize software creation for millions of non-technical users by eliminating setup barriers and security complexities that currently limit these tools to just 1% of the population.
India announces zero taxes through 2047 for cloud providers operating global workloads from local data centers, prompting Google, OpenAI, Anthropic, and Perplexity to pour billions into establishing major operations in the country where 62% of citizens embrace AI benefits compared to just 39% in the US.
Snowflake launches Cortex Code, an AI coding agent that uses enterprise data stored on its cloud platform to provide contextual programming assistance with built-in governance, following a $200 million OpenAI partnership and new integrations with Vercel and Brave Search.
SpaceX merges with xAI in a landmark $1.25 trillion deal, crowning the combined entity the world's most valuable private company, as Elon Musk unveils bold plans for space-based AI data centers powered by satellites amid mounting financial pressures on both firms.