Tag: jeff bezos

Jeff Bezos’ Blue Origin debuts New Glenn rocket, signaling a new era in space exploration
24Feb By adminNo Comments
Technology

Jeff Bezos’ Blue Origin debuts New Glenn rocket, signaling a new era in space exploration

[ad_1] Blue Origin, the space technologies founded by billionaire Jeff Bezos, has achieved a significant milestone with the debut of its New Glenn rocket on the launch pad at Launch Complex 36 (LC-36). This marks the first time the advanced heavy-lift vehicle has been rolled out and upended, providing a glimpse of what's to come for future space missions.New Glenn rocket debutsAs per a Blue Origin blog post. the New Glenn rocket is poised to play a pivotal role in various missions, including supporting NASA's Artemis program, which aims to return humans to the Moon. The successful rollout and upending on the launch pad signify a crucial step forward in the vehicle's development, paving the way for its inaugural launch later this year. The journey to the launch pad began in December, wi...
Read More
Jeff Bezos, Nvidia join OpenAI in funding humanoid robot startup
24Feb By adminNo Comments
Technology

Jeff Bezos, Nvidia join OpenAI in funding humanoid robot startup

[ad_1] Jeff Bezos, Nvidia Corp. and other big technology names are investing in a business that's developing human-like robots, according to people with knowledge of the situation, part of a scramble to find new applications for artificial intelligence.The startup Figure AI Inc. — also backed by OpenAI and Microsoft Corp. — is raising about $675 million in a funding round that carries a pre-money valuation of roughly $2 billion, said the people, who asked not to be identified because the matter is private. Through his firm Explore Investments LLC, Bezos has committed $100 million. Microsoft is investing $95 million, while Nvidia and an Amazon.com Inc.-affiliated fund are each providing $50 million. Robots have emerged as a critical new frontier for the AI industry, letting it apply cutt...
Read More
Billionaire Space Battle Heats Up As Amazon Founder Jeff Bezos Eyes Rival, Elon Musk’s SpaceX
5Jan By adminNo Comments
Technology

Billionaire Space Battle Heats Up As Amazon Founder Jeff Bezos Eyes Rival, Elon Musk’s SpaceX

[ad_1]  When the Vulcan rocket lifts off for the first time as soon as next week, multiple billionaires are sure to be watching. Built through a joint venture of Boeing Co. and Lockheed Martin Corp., the new vehicle is poised to take on Elon Musk's SpaceX and ferry satellites and cargo for the likes of the Pentagon, NASA, and even Amazon.com Inc.Vulcan is also helping fuel takeover offers for the company building it, the United Launch Alliance. Among them is a multibillion-dollar bid from Blue Origin LLC, the ambitious space venture run by billionaire Jeff Bezos, according to people familiar with the matter. It's a pivotal moment for ULA, a once-dominant launch provider for the US government whose star has faded in recent years. With SpaceX now leading the commercial market and making i...
Read More
Comeback Year For The Wealthy: Elon Musk Leads World’s Richest to $1.5 Tn Wealth Gain in 2023
30Dec By adminNo Comments
Technology

Comeback Year For The Wealthy: Elon Musk Leads World’s Richest to $1.5 Tn Wealth Gain in 2023

[ad_1] It was a comeback year for the world's wealthiest. The combined net worth of the 500 richest people surged by $1.5 trillion in 2023, fully rebounding from the $1.4 trillion lost the year prior, according to the Bloomberg Billionaires Index. Once again, their fortunes were closely correlated to the performance of tech stocks, which rose to fresh records this year despite recession fears, lingering inflation, lofty interest rates, and geopolitical turmoil. Tech billionaires saw their wealth grow by 48% or $658 billion, propelled by intense hype around artificial intelligence. No one did better than Elon Musk, who recaptured the title of world's richest person from French luxury tycoon Bernard Arnault. The Tesla Inc. chief executive officer netted an additional $95.4 billion through...
Read More
Jeff Bezos’s Blue Origin headed back into space with Big Shepard rocket after accident
18Dec By adminNo Comments
Technology

Jeff Bezos’s Blue Origin headed back into space with Big Shepard rocket after accident

[ad_1] The American company Blue Origin plans to launch its rocketv Big Shepard Monday for the first time since an accident more than a year ago, as the firm founded by billionaire Jeff Bezos heads back into space. The launch window from the pad in west Texas opens at 8:30 am local time (14H30 GMT), said Blue Origin, which plans to live stream the event.This mission known as NS-24 will not carry a crew but rather equipment for scientific experiments, more than half of which Blue Origin has developed in conjunction with NASA. In the accident in September 2022, the rocket booster stage crashed to the ground, although the capsule part of the spacecraft came down safely with parachutes. There was no crew aboard. The accident prompted a probe by the Federal Aviation Administration (FAA), whi...
Read More
Elon Musk’s Starlink, Jeff Bezos’ Kuiper to get rival as EU seeks satellite offers in AI race
16Dec By adminNo Comments
Technology

Elon Musk’s Starlink, Jeff Bezos’ Kuiper to get rival as EU seeks satellite offers in AI race

[ad_1]  Europe is seeking final offers for a 6 billion euro ($6.55 billion) EU satellite constellation which is designed to compete with Elon Musk's Starlink and Jeff Bezos' Kuiper.But authorities have been warned that the IRIS² system, initiated by the European Commission, risks missing out on the latest wave of artificial intelligence and becoming outdated before it is even launched due to bureaucracy. The European Space Agency said on Friday it would seek final offers to develop the secure communications system, a flagship project spurred in part by the role of Musk's Starlink as a backbone for Ukraine in the war with Russia. For now, the sole known bidder for the main IRIS² contract is a consortium of Airbus, Thales Alenia Space , Eutelsat, Hispasat and SES.The array of up to 170 sa...
Read More
Amazon’s Jeff Bezos highlights the problem with PowerPoint presentations in Lex Fridman podcast
15Dec By adminNo Comments
Technology

Amazon’s Jeff Bezos highlights the problem with PowerPoint presentations in Lex Fridman podcast

[ad_1] Jeff Bezos, the founder of ecommerce giant Amazon and space venture Blue Origin, appeared on a Lex Fridman podcast and revealed what he prefers during Amazon meetings. He revealed some insights into what goes on in meetings during the podcast and , while indicating the importance of achieving goals, he shares detailed insights into his famous 6-page memos and how Amazon conducts meetings to ensure that happens. Check out how Amazon conducts its meetings, what Bezos really likes and dislikes, to make them as informative as possible as well as engaging and result-oriented.Jeff Bezos on Amazon's unique meeting cultureIn a clip of the podcast shared by fromprodmgmt.world, Bezos explains that his "perfect meeting" starts with “A crisp document and a messy meeting.” He adds that the do...
Read More
ISRO in Talks With Boeing, Blue Origin, Voyager For Space Partnerships
1Dec By adminNo Comments
Technology

ISRO in Talks With Boeing, Blue Origin, Voyager For Space Partnerships

[ad_1] India's space agency ISRO is exploring joint collaborations with Boeing Co., Jeff Bezos's Blue Origin LLC and Voyager Space Holdings Inc., as an official visit by the head of NASA highlights the growing level of cooperation between the US and India in outer space. The potential partnerships could also involve Indian commercial entities, India's Department of Space said in a statement Wednesday.  NASA Administrator Bill Nelson is visiting several locations in India this week, including Bengaluru-based facilities that are testing and integrating spacecraft for a joint US-Indian Earth-observing mission scheduled for launch in 2024.  Nelson's visit underscores NASA's deepening space alliance with the Indian Space Research Organization, which this year notched several accomplishments ...
Read More
Amazon Boosted Junk Ads, Deleted Messages to Thwart Antitrust Probe, FTC Says
3Nov By adminNo Comments
Technology

Amazon Boosted Junk Ads, Deleted Messages to Thwart Antitrust Probe, FTC Says

[ad_1]  Amazon.com Inc. doubled the number of junk ads to boost profits and deleted internal communications to thwart a federal antitrust probe, according to fresh details released by the US Federal Trade Commission in a less redacted complaint against the online retail giant Thursday. Amazon's founder and former Chief Executive Officer Jeff Bezos personally ordered executives to accept more ads, even ones the company had internally labeled as “defects,” indicating they weren't relevant to user searches, according to the new version of the complaint.  We are now on WhatsApp. Click to join. The FTC alleges that Amazon's increased use of ads boosts profits while it harms sellers and consumers, making it harder for shoppers to find products they are searching for. “We'd be crazy not to” in...
Read More
FTC readies lawsuit that could break up Amazon – Politico
27Jul By adminNo Comments
Technology

FTC readies lawsuit that could break up Amazon – Politico

[ad_1] The U.S. Federal Trade Commission (FTC) is finalizing its long-awaited antitrust lawsuit against Amazon in a move that could ultimately break up parts of the company, Politico reported on Tuesday.The wide-ranging lawsuit is expected as soon as August and will likely challenge a host of Amazon's business practices, the report said, citing people with knowledge of the matter. The complaint could focus on challenges to Amazon Prime, Amazon rules that the FTC says block lower prices on competing websites, and policies it believes force merchants to use Amazon's logistics and advertising services, the report said. The commission has interviewed dozens of witnesses both inside and outside Amazon, including CEO Andy Jassy and former CEO and founder Jeff Bezos, the report said, adding th...
Read More