YouTube CEO Susan Wojcicki, 54, said Thursday she is stepping down from her role after nine years in that role. Neal Mohan, chief product officer, will lead the video streaming unit as senior vice president and head of YouTube. Wojcicki will continue on in an advisory role across Google and Alphabet. Recode first reported the news of her departure. In a note sent to YouTube employees,...
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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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