Amazon

Built World

Anchor investor and largest committed customer

No US utility has ordered a newly designed commercial reactor and seen it come online since the 1970s. On April 24, 2026, the first company trying to break that drought rang the Nasdaq bell. X-energy priced its IPO at $23 a share — $4 above its marketed range — and raised $1.02 billion, the largest US nuclear public offering in years. Shares jumped 26% on the first day.

Updated 2 hours ago

Money Moves

Completed $15B upfront investment in OpenAI; $35B contingent on AGI achievement or IPO by end of 2026

OpenAI closed a record $122 billion funding round on April 1, 2026, lifting the maker of ChatGPT to an $852 billion post-money valuation and eclipsing every prior private capital raise. Amazon led with a $50 billion commitment -- $15 billion upfront and $35 billion contingent on OpenAI reaching artificial general intelligence or completing an IPO by year-end. Nvidia and SoftBank each committed $30 billion, with SoftBank's second $10 billion tranche arriving alongside closes from a16z and D.E. Shaw. The round took the company from a $157 billion valuation seventeen months earlier to one more than five times larger.

Updated Yesterday

Money Moves

Operating largest U.S. delivery network, partnering with FedEx

Amazon was UPS's largest customer for nearly three decades. Now UPS is walking away from the business. On January 27, 2026, the parcel carrier announced 30,000 additional job cuts and 24 facility closures as it accelerates a plan to slash Amazon deliveries by more than half—calling the relationship 'extraordinarily dilutive' to its profit margins. UPS stock rose 4% in pre-market trading on the earnings beat before concerns about a weak first-quarter outlook tempered investor enthusiasm.

Updated Jan 29

New Capabilities

Embedded Alexa in third-party appliances but facing AI upgrade pressure

Samsung just put Google's Gemini AI inside a refrigerator. Not alongside it, not as an app—built directly into the hardware. The Bespoke AI refrigerator, unveiled at CES 2026, can recognize your food without you scanning barcodes, read handwritten labels on containers, and suggest recipes based on what's actually inside. It's the first home appliance with Gemini integration, and it signals a major shift: AI assistants are moving from our phones and speakers into every appliance in the house.

Updated Jan 6