
Technology
Amazon Buys Globalstar for $11.57B, Takes Over iPhone Satellite
Amazon is absorbing the satellite network behind Apple's Emergency SOS, and the deal may be more about blocking Elon Musk than wiring up the iPhone.
Shaw Beckett·

Amazon is absorbing the satellite network behind Apple's Emergency SOS, and the deal may be more about blocking Elon Musk than wiring up the iPhone.

The ChatGPT maker is eyeing Amazon's cash and chips in a deal that could value it at over $500 billion while reshaping big tech alliances.

Amazon, Microsoft, and Google are betting billions on India's AI infrastructure in a week-long spending spree that reshapes the global AI landscape.