Rivian says it’s on track for $250 million Uber funding by year-end, R2 demand strong

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• AWS will be a $1T business, Jassy says. But first, it will spend big.

  Cloud infrastructure demand driven by enterprise artificial intelligence adoption has prompted Amazon to commit hundreds of billions of dollars to long-term capacity. The aggressive expansion plan aims to capitalize on an unprecedented market shift, though it has reignited concerns over immediate profit margins. Investors reacted cautiously to the massive capital commitments, triggering a sharp post-earnings decline in the company's stock price.

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• Chinese EVs win over some in South Korea, but Japan is proving to be a rougher road

  Manufacturers from China are experiencing varied levels of success as they push into neighboring Asian markets to expand their footprint. While South Korean buyers are showing greater receptivity to these models, the Japanese automotive space presents significantly steeper barriers to adoption. This divergence illustrates how regional market environments directly shape the overseas ambitions of the burgeoning sector.

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• DoorDash offers $17 billion for Instacart in what would be big grocery delivery consolidation

  The multi-billion-dollar tie-up aims to integrate DoorDash's global logistics network with Instacart's deep grocery technology to mount a stronger defense against retail giants like Walmart and Amazon. If cleared by regulators and shareholders, the combined entity would give consumers expanded store access and consolidated membership plans. However, retail analysts warn the union could diminish marketplace competition, potentially driving up delivery costs for shoppers while curbing merchant bargaining power.

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