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BeansAndBytes · Jun 18, 2025

AWS Challenges Nvidia, Amazon Slashes Jobs, and xAI Raises Billions!

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BeansAndBytes · BeansAndBytes

Welcome!

I publish AI newsletters every morning with curated AI/tech news stories, cool AI projects, and technical research papers. Grab your coffee beans and catch up on yesterday’s top bytes!

  • AWS' custom chip strategy is cutting into Nvidia's AI dominance (CNBC)

  • AI will shrink Amazon's workforce in the coming years, CEO Jassy says (CNBC)

  • Sam Altman says Meta tried and failed to poach OpenAI’s talent with $100M offers (TechCrunch)

  • Elon Musk’s xAI is reportedly seeking a $4.3B equity raise (TechCrunch)

  • Sequoia-backed Crosby launches a new kind of AI-powered law firm (TechCrunch)

  • Google's Gemini AI family updated with stable 2.5 Pro, super-efficient 2.5 Flash-Lite (Ars Technica)

  • Oracle adds xAI Grok models to OCI (TechTarget)

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