Announcement comes after CEO Jassy meets PM
The company plans to expand Amazon Now to more than 300 cities as rivals Blinkit, Zepto, Instamart and Flipkart race to build larger fulfilment networks
ArcelorMittal on Monday said it has partnered with Amazon Web Services (AWS) to automate its global operations through the US tech major's cloud and AI capabilities. "The collaboration brings AWS cloud and AI capabilities directly to ArcelorMittal's manufacturing processes, providing opportunities for further optimisation and improvement of safety, asset reliability and energy efficiency," the steel major, which also has a presence in India, said in a statement. The company said it will converge some of its operational technology (OT) and information technology (IT) on AWS infrastructure, designed for security and scale, extending cloud and AI to the edge of its production environments. Using AWS services across industrial IoT, real-time sensor data and machine learning, the company will deploy AI at the point of production, enabling predictive maintenance, computer-vision quality control, process optimisation and digital twins of its physical assets and production lines. Further,
At the stock's intraday high, the market value of Elon Musk's rocket and AI company topped Microsoft Corp. to briefly become the world's fourth-largest stock
In setting aside the CCI's order against Amazon, the Supreme Court has framed regulatory certainty, transparency and fairness as strategic assets for India's investment climate
The e-commerce giant says its Seller Assistant suite can cut routine workloads and help corner-shop merchants go global - as rivals close in
Amazon is in the midst of its "most aggressive phase of expansion" in India yet, country head Samir Kumar has said, adding that the ecommerce giant is firmly focused on playing the long game for market and customer wins. The comment from Amazon India's top honcho comes against the backdrop of the company's recently announced USD 35 billion investment by 2030 - building on USD 40 billion already invested - to support business expansion, AI-driven digitisation, exports and job creation. "If you look at our investments, we are one of the largest investments in India...USD 35 billion over the next five years, USD 80 billion of exports enablement, continuing to invest in Amazon Now and speed with 100 cities and 1,000 micro fulfillment centres, so we are in the most aggressive phase of expansion in India yet, we are here to play a long-term and win in India," Kumar told PTI. Brushing aside concerns over market complexities and rising competitive intensity, Kumar emphasised the company's .
Amazon will continue to expand the use of automation technologies across operations in India and deploy advanced systems for inventory management at its fulfilment centres in the country, a senior company executive said. In an interview with PTI, Amazon Robotics Chief Technologist Tye Brady said the company already uses several automation solutions in its Indian fulfilment network and remains committed to investing in the market, where it has announced significant long-term capital commitments. Amazon has invested USD 40 billion in India and has announced plans for another USD 35 billion investment through 2030. "There are robotic systems in India (fulfilment centres of Amazon), like, the SLAM labeler, systems that we use for inventory control, for inventory management. That we will continue to invest in," Brady said on the sidelines of Amazon's Delivering the Future EMEA 2026 event in London. SLAM (scan, label, apply, manifest) labeler is an automated system used in large fulfilme
In a blog post, Anthropic said the US government told the company it believes there is a method of bypassing, or "jailbreaking," a safeguard against using the model to find cybersecurity holes
The launch was smoother than many observers expected, with trading kicking off late on Friday morning without the hiccups that had marred Facebook's debut in 2012
Amazon is primarily relying on on-site charging infrastructure for its growing fleet of electric delivery vehicles in India, while also working with partners to expand charging and transportation options as it pushes towards its sustainability goals, a top company executive said. The US-based e-commerce giant already has plans to introduce over 1,000 electric trucks into its operations in India over the next five years, joining the existing 10,000 electric vehicles fleet. The move is aimed at delivering packages to customers from Amazon fulfilment centres more sustainably. Replying to questions on the limited availability of public EV charging infrastructure in India, Amazon Vice President, Global Engineering and Sustainability, Andreas Marschner said the challenge is not unique to India and exists across markets globally. "The challenge you're describing is actually a challenge everywhere," Marschner said, referring to issues around power availability, grid capacity and charging ..
Amazon India Country Manager Samir Kumar on the company's $35 billion bet, the quick-commerce race, and why he believes it's still early innings for e-commerce in India
13 years on, Amazon remains a major player in India, but local rivals have eroded its edge across retail, payments, streaming, and quick commerce, leaving it constrained despite strong brand loyalty
Amazon Music launches standalone plans and a free ad-supported tier, betting on rapid growth in India's paid music streaming market
Amazon Data Services India has acquired 10.6 acres in Palava, Thane, from Lodha Developers for Rs 125.13 crore as it expands its data centre presence in the Mumbai region
AWS is pitching Quick as a platform-agnostic agentic AI layer as Indian enterprises move from AI pilots to large-scale deployments
Alphabet Inc.'s Google contributed several billion dollars to the round as part of a previously announced commitment to invest up to $40 billion in Anthropic over time
The Supreme Court set aside the Competition Commission of India's penalty on Amazon over its Future Coupons investment and directed refund of the recovered amount within eight weeks
Amazon has quietly revealed Fire OS 16 in developer documentation, suggesting the company is still investing in its Android-based Fire TV platform alongside Vega OS
The Supreme Court on Wednesday set aside the NCLAT's June 2022 order which had rejected US e-commerce giant Amazon's appeal against an anti-trust suspension of its investment deal with Future Group. A bench of Justices Vikram Nath and Sandeep Mehta also set aside the Competition Commission of India's (CCI) December 17, 2021 order which had levied a Rs 202 crore penalty on Amazon and suspended its deal with Future. "In view of the findings recorded above, the appeal is allowed. The impugned judgement dated June 13, 2022 passed by the NCLAT and order dated December 17, 2021 passed by the CCI are set aside," Justice Nath said while pronouncing the verdict. The top court said if any amount was deposited or recovered from Amazon pursuant to these orders, the same be refunded within eight weeks. The bench delivered its verdict on a plea filed by Amazon challenging the National Company Law Appellate Tribunal (NCLAT) June 2022 order.