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Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium chips; Microsoft keeps rights to sell OpenAI models (The Information)

The Information : Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium chips; Micr...

8 May 2025

Latin American e-commerce and fintech giant MercadoLibre reports Q1 revenue up 37% YoY to $5.9B, $494M in net income, and Argentina revenue up 125% YoY to $1.3B (Daniel Cancel/Bloomberg)

Daniel Cancel / Bloomberg:
Latin American e-commerce and fintech giant MercadoLibre reports Q1 revenue up 37% YoY to $5.9B, $494M in net income, and Argentina revenue up 125% YoY to $1.3B  —  E-commerce and fintech giant MercadoLibre Inc. beat analysts' expectations in the first quarter of the year …

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