Amazon's Partnership Move Following Fatal Cargo Plane Crash in Miami

Serdar HocamAuthor & Editor

As calls to slow down the speed of artificial intelligence in the tech sector grow, global markets closed Friday on an upward trend.

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Moneywatch: Artificial intelligence and a deadly plane crash update

Amazon, which suspended its collaboration with the company involved in a fatal cargo plane crash in Miami, finds itself at the center of growing concerns over artificial intelligence developments.

Debates on the Pace of Artificial Intelligence

Leading technology sector executives continue to voice their calls louder by the day for the current pace of artificial intelligence work to be slowed down.

Cargo Plane Crash and Amazon's Step

Following the fatal cargo plane crash in Miami, e-commerce giant Amazon decided to temporarily suspend its partnership with the company involved in the accident.

Developments in the Cinema Sector

In the weekend box office race, a long-awaited film sequel dethroned Spider-Man: Brand New Day to take over the leadership.

Friday Recovery in US Stock Markets

Following the decline in oil prices and the consumer price index showing annual inflation at 3.4 percent, U.S. stock markets completed Friday with gains.

In line with these economic developments, the Dow Jones index recorded an increase of 509 points, while Nasdaq rose by 251 points and the S&P 500 index increased by 65 points.