Amazon said on Wednesday that the company’s board has authorized a $10 billion share buyback plan and a 20-for-1 stock split. The buyback program is notable. Amazon had last authorized a buyback of its own stock in 2016 to the tune of $5 billion, but it hadn’t used any of it until January of this year, securities filings show. The company has now used more than $2 billion of that 2016...
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
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