Amazon

Global tech giants' spending spooks investors and drives bonds rally

US bonds rally as investors question returns on massive AI investments; crypto slides after Binance hack concerns, while oil rises on Strait of Hormuz risks

Amazon cash burn, Intel weak PC demand fuel fears over AI spending

Amazon's heavy AI spending and Intel's weak PC demand outlook rattled technology stocks, raising concerns over mounting infrastructure costs, shrinking cash flows and slowing consumer demand.

Explained: What are dark GPUs and how are they holding back the AI boom?

Power shortages are leaving billions of dollars' worth of AI chips unused at data centres. Here's what dark GPUs are, why they matter and how they could slow the AI boom

Big tech's $750 billion AI bet faces strain with slowing core growth

The earnings reports and the ensuing stock selloffs expose the tensions escalating over big tech's transition to new AI-powered products, and the spending required to get there

Amazon burns cash, Intel flags weak PC demand as AI boom strains markets

Surging data-center spending, as highlighted in Amazon's massive cash burn, has turned once debt-light tech giants into major borrowers, while price hikes are squeezing global demand for devices

Amazon unveils five new Alexa-powered Echo devices for home: Check features

Amazon's latest lineup includes an AI-powered Echo Dot, a speaker with a home camera, a sleep-sensing smart clock, an Alexa-enabled photo frame and a redesigned Echo Show 16

Amazon plans 3,000 electric trucks with Tata Motors for India logistics

The rollout will begin in Delhi and later expand to key highways, with Amazon targeting electrification of the 2,800-km Delhi-Bengaluru-Chennai freight corridor

Tata Motors, Amazon to deploy 3,000 electric trucks for ecom logistics

Tata Motors and Amazon have joined hands to deploy 3,000 electric trucks for e-commerce logistics, a joint announcement said on Tuesday. Heavy Industries Minister H D Kumaraswamy flagged off the initial fleet of trucks. "I congratulate Tata Motors and Amazon on this significant collaboration to deploy 3,000 electric trucks across Amazon's transportation network in India," Kumaraswamy said. The minister said while electric passenger vehicles and two-wheelers have made encouraging progress, the electrification of commercial transportation is equally important. "As India's economy expands, the demand for freight transportation will continue to increase. We must therefore ensure that the growth of our logistics sector is accompanied by great energy efficiency. Today's initiative is an important step in that direction," he said. A senior Amazon executive said all 3,000 electric trucks will be deployed within 3 years.

Who are the key investors backing AI startup Anthropic ahead of IPO?

Amazon, Google and leading investment firms have poured billions into the Claude maker, whose public listing will test investor appetite for AI companies beyond Silicon Valley

Amazon launches TorchNeuron to challenge Nvidia's AI chip dominance

TorchNeuron lets developers run code ‌written in a language called PyTorch ​on Amazon's Trainium AI ​chips with a single configuration change and no rewriting needed

GenZ driving Amazon's fashion & beauty sales: Senior exec Nikhil Sinha

Gen Z shoppers drive Amazon's festive growth as premium brands double their sales share to 20%, while non-metro markets account for over half of fashion and beauty orders

Can AI wearables win over buyers after early setbacks? Experts weigh in

Amazon's new Bee wearables renew interest in personal AI devices, but experts say everyday utility, privacy, subscription costs and local language support will determine adoption

Non-metros emerge as key growth drivers for Amazon: V-P Saurabh Srivastava

Amazon India says non-metros account for 70-80 per cent of new customers, while demand for premium products rises in smaller cities and its Amazon Now quick-commerce service expands

Amazon eyes Decart acquisition at $7 billion as AI chip race intensifies

The deal would give Amazon software that makes AI models run efficiently across chips, strengthening its challenge to Nvidia as it pushes its own Trainium processors

Amazon in talks to acquire AI startup Decart for around $7 billion

Decart's Lucy model, ​backed by Nvidia, ​can edit live video in real time, according ​to the company's website

From policies to strategies | Preparing the future HR leaders

In this session, Deepti Varma, VP, People Experience & Technology, Amazon Stores India & Emerging Markets, talks about the evolving HR function, future of workplace and provides career tips to the B-S

Dashboards, drum jams and delivery convoys kick off India's shopping season

From Bengaluru to Kargil, Flipkart and Amazon race to deliver as online festive sales are projected to grow up to 29%

Amazon cuts around 1,000 jobs; India retail employees among those hit

Amazon has cut nearly 1,000 white-collar jobs, affecting employees in India, the US and the UK. The layoffs mainly impact its Stores unit as the company expands its focus on AI

Flipkart, Amazon bet on delivery speed as India's festive sales kick off

Online festive sales could rise 29 per cent to ₹1.55 trillion, with quick commerce taking a 16 per cent share as Flipkart and Amazon expand their rapid delivery networks

Amazon expands ultra-fast delivery service to more than 120 Indian cities

Amazon has expanded its ultra-fast delivery service, Amazon Now, to more than 120 cities across India, doubling its footprint in two weeks as the e-commerce giant steps up its delivery network ahead of the festive season. The service is now available in cities including Amritsar, Abohar, Jalandhar, Ambala, Mangalore, Manipal, Visakhapatnam, Kochi, Changanassery, Bhubaneswar and Karwar, Amazon said in a statement on Friday. Amazon Now offers tens of thousands of products, including groceries, fruits and vegetables, frozen food, personal care items, fashion and beauty products, small appliances, and home and kitchen goods. Orders are fulfilled through a network of nearly 800 micro-fulfilment and urban fulfilment centres, the company said. "We are delighted to take ultra-fast deliveries with Amazon Now to India's hinterland - from Amritsar & Abohar in the north to Kochi & Changanassery in the south - ahead of the Amazon Great Indian Festival. Amazon Now continues to be the ...