tech:

taffy

Amazon, Stripe ink expanded global agreement

Amazon and Stripe have signed an expanded global agreement under which Amazon will expand its use of Stripe’s core payments platform, and Stripe will be using Amazon Web Services (AWS) compute resources, including Graviton and Nitro.

Under the new agreement, Stripe will become a strategic payments partner for Amazon in the US, Europe, and Canada. Amazon started using Stripe in 2017 for market expansion in Asia and Europe. Stripe will be used across Amazon’s business units, including Prime, Audible, Kindle, Amazon Pay, and Buy With Prime, according to the companies. 

[Image courtesy: Stripe]

 

Just in

Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images — CNBC

Google plans to relaunch its image-generation AI tool in the next “few weeks,” according to Google DeepMind CEO Demis Hassabis, writes Hayden Field. 

Broadcom divests End-User Computing to KKR in $4B deal

Broadcom has agreed to sell its End-User Computing (EUC) division to investment firm KKR in a deal valued at $4 billion. This move will see the division, which focuses on digital workspace solutions, becoming an independent company following the sale's completion.

Myko AI raises $2.7M

Miami, Fl-based Myko, an AI platform provider focused on analyzing sales and revenue data, has secured $2.7 million in seed funding.

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.