A U.K. Court of Appeals ruled Thursday (Feb. 26) that two lawsuits alleging that Amazon abused its dominant position in the market can proceed, according to updates posted by the Competition Appeal Tribunal.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS ...

滋养新经济 驾驭人工智能革命的影响 2026 年 1 月 前言 马修・派恩（ Matthew Pine ） 赛莱默总裁兼首席执行官 人工智能超级周期的发展速度超越了历史上任何一次工业变革。它正在重塑 一块芯片、每一个数据中心、每兆瓦电力，都依赖稳定的清洁水供应。 经济格局，重新定义竞争力。但这场人工智能革命存在一个隐藏的脆弱点：每 直到最近，关于人工智能的讨论仍聚焦于能源、原材料等常见制约因素。如今，行业、社区和政策制 定者逐渐意识到，在这个本就面临水资源压力的世界里，人工智能带来了新的影响。然而，由于缺 乏相关数据和对人工智能的深入了解，解决方案的探索进程受阻。《滋养新经济》报告提供了一个 基于事实的战略框架，助力人们理解其中的挑战与机遇。 本报告梳理了人工智能对全球水资源供应造成的压力点 ⸺ 随着水资源日益稀缺，工业与社区可 能会为争夺水资源产生竞争。更为重要的是，报告指出了能够实现双重目标的路径：既保障社区获 得经济实惠、安全健康的水资源，又维护人工智能经济带来的创新红利。 选择至关重要。若管理不当，水资源需求可能会演变为人类与发展之间的零和博弈；若管理得当， 它将成为更大变革的催化剂：推动全球向更高水 ...

（央视财经《天下财经》）在24日发表的国情咨文中，美国总统特朗普表示，他将要求科技公司自行解 决高能耗数据中心用电问题，避免影响普通民众用电价格。据美国媒体25日报道，有官员证实，多家科 技巨头将在下周签署相关文件。 一位白宫官员表示，亚马逊、谷歌、Meta、微软等科技巨头高管将在3月4日参加与特朗普的会议并签 署承诺文件，这些企业将通过购买或自建发电设施等方式，满足新建AI数据中心的用电需求，确保普 通美国人的用电价格不会随着整体需求提升而增加。特朗普曾在2024年竞选期间承诺，将在上任后18个 月之内实现电价减半。但受交通领域电气化程度提升、数据中心与工业运营用电需求激增等多重因素影 响，从去年1月到12月，美国居民用电平均价格不降反升，由每千瓦时15.94美分涨至17.24美分，涨幅约 为8%，明显高于整体通胀率。有统计显示，美国接下来计划建设的数据中心约为680个，其中部分超大 型数据中心的耗电量足以供数百万个家庭日常使用。 不过也有分析认为，目前电力成本上涨的主要压力来自输电、配电等环节，而不是发电；即使科技巨头 自备发电设施，能源价格能否降低也存在许多变数。例如，这些公司依然要依赖电网来输送或获取 ...

人工智能在网络领域的应用正在快速增长，通信技术公司诺基亚宣布与亚马逊云服务（AWS）合作， 在实际5G网络中推出首个智能体驱动的5G-Advanced网络切片解决方案。 这项基于意图的5G切片创新技术将诺基亚的网络切片技术与AWS人工智能平台技术相结合，使通信服 务提供商能够在需要的时间和地点精确提供优质服务。 诺基亚和AWS指出，行业面临的挑战是，在流量激增、紧急情况或大型聚会等不可预测事件期间，服 务提供商在优化网络性能方面可能遇到困难，这可能导致服务质量不佳和资源利用效率低下。 由AWS托管的自主网络切片智能系统能够动态适应和管理跨不同地理区域的最具挑战性的流量条件。 这种智能体驱动的人工智能方法被认为是通过创建能够智能响应动态条件的优质服务，在客户需要的确 切时间和地点确保最佳性能，从而在各种应用和使用场景中释放"重大"客户价值的关键。 这项端到端先进网络切片技术涵盖RAN-传输-核心网络，特别利用了诺基亚的5G AirScale基站、 MantaRay SMO和智能体模块，这些模块与Amazon Bedrock人工智能平台无缝集成。 智能体模块以多种模式运行：聊天机器人、按需、计划和自主模式。所有模 ...

No matter how transformative AI is, the sector faces two main challenges to its growth in the US. ...

Group 1: Investor Actions - Berkshire Hathaway sold 77% of its Amazon position in Q4 2025, indicating that Amazon was never a core holding for the company, comprising less than 1% of its equities portfolio [4] - In contrast, Bill Ackman, CEO of Pershing Square Capital Management, has been known for both activist short-selling and long-term investment strategies, holding a concentrated portfolio of about 10 to 12 stocks [2] Group 2: Amazon's Challenges - Amazon faced challenges in the previous year due to tariffs imposed by President Donald Trump and concerns regarding its artificial intelligence (AI) strategy, leading to margin compression and higher prices [5] - The company guided for operating income in Q1 2026 to be below Wall Street analysts' projections and projected $200 billion in capital expenditures for 2026, primarily for AI-related infrastructure, raising investor concerns about potential returns [6] Group 3: Valuation and Market Perception - Amazon's valuation has decreased significantly, now trading at 26.5 times forward earnings, which may have influenced Berkshire's decision to reduce its stake due to concerns over high capital expenditures and the company's competitive position in AI [7]

The race to build AI infrastructure has led to a significant financial overhang. These tech giants have entered into long-term data center lease commitments that have yet to commence and, therefore, are not classified as current liabilities. As a result, the obligations do not appear on their balance sheets under generally accepted accounting principles (GAAP), Fortune reported, citing a Moody's report released Monday.By 2025 end, the companies had accumulated $969 billion in total undiscounted future lease ...

Key TakeawaysRoyal Bank of Canada (RY) reported a record Q1 net income of CAD 5.79 billion, beating analyst expectations with an adjusted EPS of CAD 4.08 against a CAD 3.85 estimate.Hormel Foods (HRL) delivered an earnings beat with adjusted EPS of $0.34, though net sales of $3.03 billion slightly missed the $3.07 billion consensus.Danske Bank (DANSKE) announced the elimination of 420 positions across seven countries, citing a strategic shift toward automation and digital efficiency.Amazon (AMZN) committed ...

Investment Dynamics - Amazon announced a $12 billion investment to build its first data center campus in Louisiana, in collaboration with Stack Infrastructure, which includes a $400 million investment in local water infrastructure upgrades. The project is expected to create 540 direct full-time jobs and 1,710 related jobs [3] - eBay plans to acquire Etsy's second-hand fashion social platform Depop for approximately $1.2 billion in cash, with the deal expected to close in Q2 2026, pending regulatory approval. This acquisition aims to enhance eBay's C2C offerings and allow Etsy to focus on its core handmade market [6] - Lululemon will open its 100th store in the EMEA region in Warsaw, Poland, on March 13, marking its official entry into the Polish market. The brand plans to enter six new markets in 2026, the highest number in a single year in its history [9] - PepsiCo's Alvalle brand launched a new line of ready-to-eat vegetable soups made from 100% Spanish natural ingredients, with plans to expand into Portugal and other Western European markets [12][13] - Moncler Group reported a 1% year-over-year revenue increase to €3.13 billion for 2025, with a strong fourth quarter growth of 7%. The brand's performance reflects a clear strategy and resilience in a volatile environment [16] - Brunello Cucinelli's revenue grew by 11.5% in 2025, with a net profit of €142 million, slightly above expectations. The brand's success is attributed to the ongoing trend of "quiet luxury" and strong performance in Asia [19] - OTB Group's net sales decreased by 5.9% to €1.6 billion in 2025, with a notable performance from Maison Margiela, which saw an 8.4% sales increase. The group demonstrated resilience despite global uncertainties [22] Personnel Dynamics - Valentino appointed Liran Peterzil as the new Chief Marketing Officer, effective March 2, to oversee global brand strategy and marketing efforts [24] - Saint Laurent appointed Johnny Coca as the creative director for accessories, aiming to enhance the brand's accessory offerings and overall profitability [27] - J.Crew's menswear creative director Brendon Babenzien is leaving to focus on his own brand, Noah, which may create a strategic gap in J.Crew's menswear direction [30]

亚马逊周四在试图驳回 零售商和消费者提出的两起大规模诉讼中败诉，这两起诉讼的价值高达 40 亿英 镑（54.1 亿美元），因为亚马逊涉嫌滥用其支配地位。 竞争法学者安德烈亚斯-斯蒂芬（Andreas Stephan）代表 20 多万家第三方零售商提起了其中一起诉讼， 价值高达 27 亿英镑。 他的律师指控亚马逊操纵其网站上的 "Buy Box "功能为自己谋利，并偏爱使用亚马逊自己的物流中心和 配送网络的产品。 消费者权益倡导者罗伯特-哈蒙德（Robert Hammond）也代表数百万亚马逊客户提起了一起价值高达 13 亿英镑的诉讼，指控亚马逊滥用类似的支配地位。 亚马逊此前曾表示，这些指控毫无根据。亚马逊曾辩称，这些案件不应该被认证为诉讼程序的早期步 骤，其中一个原因是证明这些案件的经济方法存在缺陷。 竞争上诉法庭去年以选择退出的方式对这两起案件进行了认证，这意味着索赔集体的成员将成为案件的 一部分，除非他们另有决定。 亚马逊曾要求 对这一决定提出上诉，但上诉法院周四拒绝了这一请求。 亚马逊没有立即回应置评请求。 亚马逊周四在试图驳回 零售商和消费者提出的两起大规模诉讼中败诉，这两起诉讼的价值高达 40 亿 ...