Tesla announced the departure of veteran executive Jerome Guillen – who is credited with helping steer the company past a rough patch in 2017 – just three months after being appointed to head its heavy trucking unit. Guillen was appointed in March to lead its Semi electric truck as head of Tesla Heavy Trucking. He was one of Tesla’s top four executives, alongside CEO Elon Musk, and had been...
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Amazon’s Anthropic Deal Signals Cloud Sector Turbulence
You know the cloud industry is in upheaval when industry leader Amazon Web Services has to copy a tactic used by its smaller rivals to compete more effectively. The Amazon unit’s decision on Monday to invest up to $4 billion in AI startup Anthropic, as part of a broader deal in which AWS becomes the startup’s “primary cloud provider,” looks a lot like the type of equity-for-business deals AWS...
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