Amazon

Amazon's Luxembourg hub faces 370 job cuts, the biggest in two decades

Amazon's European headquarters in Luxembourg will see 370 job cuts in the coming weeks, the biggest in over 20 years, as the company trims staff and shifts focus to AI

Amazon in talks to invest in OpenAI as AI firm eyes $500 billion valuation

The potential deal comes at a time when OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion

Amazon's 'Ask This Book' feature gives Kindle users spoiler-free answers

Amazon's new 'Ask This Book' feature lets Kindle users ask questions about books they're reading and get spoiler-free answers, with no opt-out option for authors or publishers

India Inc's big year: IPO boom, major splits, fundings and global AI push

From record fundraising and landmark listings to high-stakes corporate splits, global tech partnerships and boardroom disputes, here's how 2025 reshaped India's corporate landscape

A curious case of duopolies: IndiGo crisis exposes cracks across sectors

Multiple industries in India, including food delivery, payments, and paints, are experiencing emerging duopolistic trends

Meta India names ex-Amazon executive Aman Jain as new Public Policy head

Meta India on Friday named Aman Jain as the new head of Public Policy, to lead the social media company's policy strategy and engagements in India. Jain will also be a member of the India leadership team. He will join the company early next year and will report to Simon Milner, Vice President of Policy, Asia Pacific (APAC) at Meta. "Aman brings over 20 years of public policy and business strategy experience, with a proven track record at Amazon, Google, the Government of India, and international organisations," Meta said in a release announcing the appointment. He has held senior roles at Google India, including country head for government affairs and public policy. Most recently, he served as Director of Public Policy at Amazon, leading policy strategy across marketplace, operations, competition, and technology. India is a strategic market for Meta. As the country's digital economy accelerates across areas such as AI, emerging tech and the creator economy, Meta aims to help buil

Amazon's $35 billion bet on India: What’s driving the AI investment rush?

Amazon has announced a massive $35 billion investment plan for India through 2030, its biggest push yet to strengthen AI, exports, and job creation.

India often a crucible, an idea generator: Amazon's Russ Grandinetti

Amazon sees India not just as a fast-growing market but a launchpad for global innovation, as it ramps up investment, accelerates quick commerce, and deepens its AI-led expansion

Microsoft, Google, Amazon bet big on India: What's driving the AI rush?

Amazon's $35 bn commitment comes as global tech firms deepen their India focus, accelerating AI, cloud and data-centre expansion while strengthening links with a growing, skilled workforce

Amazon to invest over $35 billion in India by 2030, betting big on AI

Amazon says it will invest over $35 billion in India through 2030, focusing on AI-driven digitisation, ecommerce exports and job creation, soon after Microsoft's $17.5 billion cloud and AI push

Social media firms urge Karnataka to consult public on misinformation Bill

Social media cos urge Karnataka govt to conduct public consultation before tabling bill on misinformation in assembly

Amazon pays Italy 180 mn euros to end tax fraud, labour practices probe

In July 2024 the group's logistics services unit was accused of circumventing labour and tax laws

Soon, describe a scene to Alexa+ and it will take you there in Prime Videos

Amazon adds an Alexa Plus feature on Fire TV that lets users jump to exact movie scenes on Prime Video using natural voice descriptions. Here's how it works

Amazon's cloud unit rushes out its latest AI chip to take On Nvidia, Google

The accelerator, called Trainium3, was recently installed in a few data centers and will be available for customers beginning on Tuesday, Dave Brown, a vice president with Amazon Web Services, said

Amazon's qcom blitz: 2 new dark stores a day, 300 by year-end across 3 cities

Amazon Now is scaling its instant delivery network rapidly, aiming to open two new dark stores daily and reach over 300 micro-fulfilment centres by 2025-end

AI rush risks 'democracy, jobs, earth', warn over 1,000 Amazon workers

The employees said Amazon's "all-costs justified, warp speed" approach to the powerful technology will have an impact on the workplace and the environment

Amazon India extends zero referral fee for items under ₹1,000 till Dec 31

Following Flipkart, Amazon waives commission for low-cost products, aiming to boost small sellers and online sales

Amazon faces FAA's heat after delivery drone snaps internet cable in Texas

The incident occurred in Waco on November 18, when an MK30 drone clipped an internet cable during takeoff after delivering a package in Texas

HP planning to lay off 4,000 to 6,000 employees by FY28, boosts AI efforts

The teams that are expected to be impacted will include those focused on product development, internal operations, and customer support, its CEO Enrique Lores said during a media briefing call

Amazon to invest $50 bn in AI infra for US govt after Meta, Anthropic

As part of the investment, the federal agencies will have access to AWS' AI tools, Anthropic's Claude family of models, and Nvidia chips, as well as Amazon's custom Trainium AI chips