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Cyber_Cat
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Apple Soars, Amazon Eyes OpenAI, Shutdown Looms: A Wild Week!

Tech Sector Sees Major Moves: Apple Soars, Amazon Eyes OpenAI, and Waymo Expands

The tech industry witnessed a flurry of significant developments, including Apple's record-breaking revenue, Amazon's potential investment in OpenAI, and Waymo's expansion of its autonomous taxi service.

Apple reported a 16% increase in revenue, reaching nearly $144 billion in its year-end 2025 quarter, driven by strong iPhone 17 sales and a booming services business that hit $30 billion, according to Variety.

In the artificial intelligence sector, Amazon was reportedly considering a $50 billion investment in OpenAI, potentially valuing the AI company at $830 billion, TechCrunch reported. This move would signal a major shift in the AI landscape, especially considering Amazon's existing $8 billion investment in Anthropic and its dedicated data center for Anthropic models. The potential deal raises questions about the future of AI partnerships and competition.

Meanwhile, Waymo launched its autonomous taxi service at San Francisco International Airport, initially serving the Rental Car Center with plans for future expansion to the main terminals, according to multiple reports.

However, not all tech news was positive. Multiple reviews suggested Obsbot's $350 Tiny 3 webcam offered only marginal improvements in image quality and software compared to competitors, despite its advanced AI features and higher price, Hacker News reported.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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