Amazon is increasing its push to roll out AI tools to Amazon Web Services (AWS) clients, providing $1 billion in funding to embed engineers with customers to help integrate customer data sets and operational needs with existing AI infrastructure (more).

Rivian raised its 2026 delivery guidance range from 62,000-65,000 vehicles to 65,000-70,000 after beating FactSet analyst projections for Q2 sales of its EVs. Second-quarter financials are due at the end of July, but business performance is expected to beat expectations (more).

Americans are firing up the grill for burgers and steaks despite record-low herd sizes and record-high prices for beef. Steak prices averaged $12.80 per pound in May, and ground beef averaged a price of $6.75. “We are seeing customer demand for steaks remain quite high, with a shift towards more premium and organic options,” a Kroger spokesperson said (more).

Alibaba and its stateside payment processor have agreed to pay $600 to resolve allegations that they failed prevent illegal drug sales via the platform, per the Department of Justice. “This settlement reflects a thorough regulatory process with Alibaba’s full cooperation and our commitment to best-in-class standards of control, policies, and ​measures against non-compliant product sales,” Alibaba said in a statement (more).

Einstein Bros. Bagels is looking to add 300 more stores over the course of the next few years, crossing the 1,000-location mark. “We’ve spent years perfecting a highly scalable store model that delivers fresh, high-quality breakfast with the convenience today’s guests expect, and now we’re accelerating that model across the country,” Jessica DePetro, CEO of Einstein Bros. Bagels, said (more).