Amazon

Amazon rolls out redesigned Fire TV app, new TV interface: Check details

Amazon's updated Fire TV experience introduces a refreshed mobile app, expanded watchlist and a redesigned TV interface

Amazon Electronics Premier League sale: Check offers on phones, TVs, more

Amazon India's Electronics Premier League sale has begun with discounts across smartphones, TVs, laptops and accessories, alongside bank offers, exchange deals and no-cost EMI options

Amazon cloud suffers outage after unidentified objects hit UAE data centre

While it is unclear if the incident is related to the conflict between the US and Iran, the fire broke out on the same day Iranian projectiles struck the UAE in retaliation for US and Israeli strikes

Amazon India announces zero-referral fees on over 125 million products

By eliminating referral fees across over 1,800 categories covering over 12.5 crore products, and reducing logistics costs, sellers can save up to 70 per cent in fees

OpenAI raises $110 billion with investments from Amazon, Nvidia, SoftBank

Amazon will start with an initial $15 billion investment, followed by another $35 billion in the coming months when certain conditions are met

Amazon opens 12-storey office in Bengaluru, company's 2nd largest in Asia

Amazon inaugurates a 1.1 million sq ft, 12-storey campus in Bengaluru, its second-largest in Asia, supporting 7,000 employees and reinforcing its long-term India investment plans

Amazon becomes world's largest company by annual sales, dethrones Walmart

Walmart is having more success developing its e-commerce operation than Amazon is having in creating a physical stores business despite its 2017 acquisition of Whole Foods Market

Audible now lets you switch to 'Read & Listen' mode for synced storytelling

Audible has launched Immersion Reading in its app, letting users read and listen at the same time with synced, highlighted text for better focus and comprehension

Why are Americans boycotting big tech?: Inside the 'Resist and Unsubscribe' movement

A growing boycott campaign in the United States is urging people to cancel subscriptions to major tech platforms. Here’s what the “Resist and Unsubscribe” movement is, why it began

India uniquely positioned to see benefits of AI: Amazon exec David Zapolsky

Zapolsky spoke about how Amazon is balancing rapid AI innovation with evolving regulatory guardrails

US claims India will remove digital services tax: Here's what it means

India has already abolished existing equalisation levies by April 2025, which were highlighted as a concern by the United States Trade Representative

Amazon deepens ties with STMicro to secure semiconductors for data centres

Under the agreement, AWS received warrants to acquire as many as 24.8 million ordinary STMicro shares

Amazon shares falls after vow to spend $200 billion on AI this year

Chief Executive Officer Andy Jassy said the money "predominantly" would go toward the company's Amazon Web Services cloud unit, and most of that spending would be for AI workloads

AI race sends Big Tech's capital spending to stratospheric high of $650 bn

The ever-larger numbers - in total, an estimated 60 per cent increase from a year ago - means yet another acceleration in the wave of data centre construction taking place around the world

Amazon misses Q4 earnings estimates despite strong sales, cloud growth

Amazon reported fourth-quarter earnings slightly below Wall Street estimates even as sales surged and it reported the fastest growth in its prominent cloud computing business in 13 quarters. The Seattle-based online behemoth on Thursday reported net income of USD 21.2 billion, or USD 1.95 per share, for the three-month period ended December 31. That compares with USD 20 billion, or USD 1.86 per share, in the year-ago quarter. Revenue rose 14 per cent to USD 213.4 billion in the fourth quarter, compared with USD 187.8 billion in the year-ago period. Analysts were expecting USD 1.97 per share on sales of USD 211.4 billion, according to analysts polled by FactSet. Revenue from its cloud service arm called Amazon Web Services increased 24 per cent to USD 35.6 billion. Analysts were expecting USD 34.9 billion. Amazon said it plans to increase capital spending to USD 200 billion this year from USD 125 billion as it sees opportunities in artificial intelligence, robots, semiconductors an

Amazon announces Alexa+ subscription plans for non-Prime members: Details

Amazon has outlined multiple access tiers for Alexa+, which has started to roll out in the US, including a paid subscription for non-Prime members and free access to Prime members

Amazon plans AI use in film and TV production to cut rising studio costs

Amazon plans to use AI to speed up film and TV production, rein in rising studio costs and enhance creativity, while keeping writers, directors and actors at the centre of the process

Amazon, other firms cite AI for layoffs, real reason remains unclear

The one thing N. Lee Plumb knows for sure that being laid off from Amazon last week wasn't a failure to get on board with the company's artificial intelligence plans. Plumb, his team's head of "AI enablement," says he was so prolific in his use of Amazon's new AI coding tool that the company flagged him as one of its top users. Many assumed Amazon's 16,000 corporate layoffs announced last week reflected CEO Andy Jassy's push to "reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company." But like other companies that have tied workforce changes to AI - including Expedia, Pinterest and Dow last week - it can be hard for economists, or individual employees like Plumb, to know if AI is the real reason behind the layoffs or if it's the message a company wants to tell Wall Street. "AI has to drive a return on investment," said Plumb, who worked at Amazon for eight years. "When you reduce headcount, you've demonstrated efficiency, you ..

Amazon in early talks to invest upto $50 billion in OpenAI, expand ties

If the negotiations come to fruition, Amazon would contribute as much as half of a fresh funding round that could total up to $100 billion

Nvidia, Microsoft, Amazon in talks to invest up to $60 bn in OpenAI

Nvidia, Microsoft and Amazon are in talks to invest up to $60 billion in OpenAI, as rising AI costs and competition fuel a new funding push