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Abstract visualization of video frames being processed and indexed by AI, representing TwelveLabs's Marengo 3.0 multimodal video embedding modelAI

TwelveLabs Raises $100M and Signs AWS Trainium Deal to Scale Video AI

TwelveLabs raised $100M Series B with Amazon signing on as preferred cloud partner - new models will optimize for AWS Trainium and launch there first.

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Person working on a laptop completing micro-tasks, representing Amazon Mechanical Turk's 21-year crowdsourcing marketplace closing to new customers on July 30, 2026AI

Amazon Mechanical Turk Closes to New Customers July 30 After 21 Years

Amazon is closing Mechanical Turk to new customers July 30. No new features planned. Existing users keep access to the 21-year-old crowdsourcing platform.

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Illustration showing Meta's AI cloud computing initiative and its competitive impact on CoreWeave's AI infrastructure businessTech

Meta Is Building a Cloud Business to Sell AI Compute, and CoreWeave Just Took the Hit

Bloomberg reported July 1 that Meta plans a cloud business to sell surplus AI compute. Meta stock jumped 10%. CoreWeave dropped 14%. Nebius 16%.

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Engineers collaborating at laptops in a modern office, representing AWS forward-deployed engineering teamsAI

AWS Launches $1 Billion Forward-Deployed Engineers Unit to Embed With Customers

AWS committed $1 billion on June 30 to a new forward-deployed engineering unit that sends engineers to embed inside customer organizations for 45-day periods.

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