Page 16 - Amazon

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Money will be used for company's infrastructure, employee wellness initiatives, developing technology

Amazon plans ₹2,000 crore push to expand warehousing, delivery in India

The ₹2,000 crore investment into Amazon India will go towards expanding fulfilment centres, improving safety and automation, and more

Amazon India to infuse over Rs 2,000 crore to boost pan-India operations

Amazon will invest over Rs 2,000 crore in 2025 to scale up its all-India operations network, the e-commerce giant said on Thursday. Investments will support network expansion and upgrades to serve customers faster and more reliably, advance technology and innovation, and improve employee and associate well-being, Amazon said in a release. The investment announcement comes at a time when India's e-commerce market is booming, fuelled by broadband penetration, affordable smartphones, digital payments, increasing spends from affluent and middle-class households, as well as a mobile-first, digitally-charged younger population. Companies like Amazon and Walmart's Flipkart, as well as smaller online players have reshaped India's e-biz landscape over recent years investing billions of dollars into the booming e-commerce market in the country, which as per some estimates, is poised to grow at a compound annual growth rate (CAGR) of 21 per cent and reach USD 325 billion in 2030. Announcing t

Amazon orders workers to relocate to Seattle, other hubs stirring concerns

Amazon has satellite workplaces around the country, including major metropolitan areas like New York, Boston, Los Angeles, Dallas and Austin, giving workers some flexibility about where they lived

AI to shrink white-collar workforce in the years ahead, Amazon CEO warns

Amazon chief executive Andy Jassy cautions that AI will streamline operations, cut costs, and reduce the need for certain corporate roles as the company ramps up its investment in automation

boAt Aavante Prime 5.1 5000DA Dolby Atmos soundbar launched at Rs 14,999

boAt's new Aavante Prime 5.1 5000DA soundbar with Dolby Atmos, 500W output, and eARC support is now available on Amazon, Flipkart, boAt's site, and select retail stores

Quick commerce war intensifies as Amazon, Flipkart join the race | Business news

India’s quick commerce space is seeing an all-out price war. With Flipkart and Amazon jumping in, platforms are slashing prices to gain market share, even at the cost of ballooning losses.

Amazon's entry into quick commerce faces scale, recall challenges

Jefferies says Amazon's late entry, app integration strategy and limited brand recall may hinder its Q/C push in India despite competitive pricing and Prime perks

Quick commerce price war heats up as Amazon, Flipkart enter the fray

With deep-pocketed players entering the quick commerce space, platforms ramp up discounts to attract users, driving up cash burn and delaying paths to profitability

Amazon to invest $13 bn in Australia's data center infra over five years

The investment is Amazon's largest global technology commitment in Australia, with funding directed toward new server capacity and support for generative AI workloads

Amazon to spend $20 billion on two data center complexes in Pennsylvania

Amazon said on Monday that it will spend USD 20 billion on two data centre complexes in Pennsylvania, including one it is building alongside a nuclear power plant that has drawn federal scrutiny over an arrangement to essentially plug right into the power plant. Kevin Miller, vice-president of global data centres at Amazon's cloud computing subsidiary, Amazon Web Services, told The Associated Press that the company will build another data centre complex just north of Philadelphia. One data centre is being built next to northeastern Pennsylvania's Susquehanna nuclear power plant, where it intends to get its power. The other will be in Fairless Hills at a logistics campus, the Keystone Trade Centre, on what was once a US Steel mill. Amazon said that data centre will get its power through the electricity grid. At a news conference in Berwick in the shadow of the power plant, Governor Josh Shapiro called it the largest private sector investment in Pennsylvania's history. Monday's ...

CCPA's advisory on dark patterns sent to over 50 online platforms

Platforms including Amazon, Flipkart, Zomato and Paytm asked to eliminate dark patterns and complete self-audits within three months as per 2020 e-commerce rules

Amazon lays off employees in Books division as part of cost-cutting plan

Amazon has laid off 100 employees from its Books division, including Goodreads and Kindle teams, as part of a broader restructuring effort to streamline operations and boost efficiency

Amazon to intensify fake review crackdown after UK watchdog investigation

Amazon has pledged to beef up fight against fake reviews, Britain's competition regulator said Friday after an investigation into whether big online platforms are doing enough to crack down on phony online ratings for products and services. The Competition and Markets Authority said it secured the undertakings from Amazon, after getting a similar agreement earlier this year from Google to clamp down on rogue reviews plaguing the internet. The company promised to strengthen its existing systems for fighting fake reviews. It will also tackle catalog abuse, which involves sellers boosting star ratings for a product by hijacking good reviews from a completely different one. As an example, a shopper might come across a pair of headphones with a five-star rating. But, after looking closer, most of the reviews are for a mobile phone charger, the watchdog said. As part of its commitments, Amazon has agreed to sanction anyone caught using these tactics. Businesses could be banned from selli

Amazon testing humanoid delivery robots in San Francisco 'humanoid park'

The tech giant is developing delivery-focused humanoid robots and testing them in a special 'humanoid park' as part of its push to automate operations

Amazon India adds flat ₹5 fee on all customer orders, Prime included

Amazon India introduces ₹5 marketplace fee across all orders including Prime, following Flipkart and quick-commerce peers; exemptions apply to digital purchases

Meta becomes latest big tech company turning to nuclear power for AI needs

Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook's parent company. The investment with Meta will also expand the output of a Constellation Energy Illinois nuclear plant. The agreement announced Tuesday is just the latest in a string of tech-nuclear partnerships as the use of AI expands. Financial details of the agreement were not disclosed. Constellation's Clinton Clean Energy Centre was actually slated to close in 2017 after years of financial losses but was saved by legislation in Illinois establishing a zero-emission credit program to support the plant into 2027. The Meta-Constellation deal takes effect in June of 2027, when the state's taxpayer funded zero-emission credit programme expires. With the arrival of Meta, Clinton's clean energy output will expand by 30 megawatts, preserve 1,100 local jobs and bring in $13.5 million in annual tax revenue, according to the companies. Secur

AWS backs India's $1 trillion digital economy push with Generative AI

Satinder Pal Singh of AWS India explains how cloud and AI tools are helping enterprise, startups and public platforms scale innovation across key sectors

Amazon will join Asus, Lenovo in race to develop foldable display laptops

Reportedly, the Amazon laptop with a foldable display will feature a large 18-inch screen in a form factor comparable to the Apple MacBook Air 13-inch

Amazon adds AI-powered audio summaries for enhanced shopping experience

Amazon is testing AI-generated audio summaries on select product pages, offering shoppers a quick, conversational way to hear key features and reviews before purchase