Amazon

Amazon deploys 1 millionth robot as automation transforms warehouse jobs

Amazon has recently reached a milestone in warehouse automation, deploying its one-millionth robot across its global operations network. The company announced the achievement alongside a new AI system designed to enhance the efficiency of its robotic workforce.

Amazon to invest $54 billion in UK expansion, create jobs

Amazon has announced plans to invest £40 billion ($54 billion) in the UK over the next three years. The investment will fund new fulfillment centers, corporate offices, and infrastructure upgrades, while creating thousands of jobs, according to a report by Reuters.

Amazon enters space internet race; first Kuiper satellites launched

Amazon has launched its first batch of 27 satellites for Project Kuiper, marking the beginning of its $10 billion plan to build a global broadband internet network. The satellites were carried into space on April 28, 2025, by a United Launch Alliance (ULA) Atlas V rocket from Cape Canaveral Space Force Station in Florida.  

Analysis / AI will become a Madison Avenue sensation in 2025

Even companies such as Netflix and Amazon, which until recently relied mainly on subscriptions, are getting in on the action

Amazon officially begins selling cars online

Amazon has officially entered the online car sales market with the launch of Amazon Autos, an e-commerce platform enabling customers to search for, order, and purchase new vehicles directly from dealerships.

Amazon unveils Nova, new set of AI models

Amazon has introduced Nova, a collection of advanced AI models designed for tasks like analysing text, generating images, and creating videos. These models, announced at the AWS conference in Las Vegas on Tuesday, aim to help businesses reduce costs, speed up processes, and customise AI for their specific needs, says Amazon in an official blog post.

Amazon develops Olympus AI: Report

Amazon, the e-commerce platform, has reportedly developed a new generative artificial intelligence (AI) model, codenamed Olympus, capable of processing images and videos in addition to text.

Amazon invests additional $4 bln in AI startup Anthropic

Amazon has poured another $4 billion into Anthropic, the artificial intelligence startup behind the chatbot Claude. This new funding doubles Amazon’s total investment in the startup to $8 billion. 

Amazon wants to be everything to everyone

Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network

February 13, 2024
February 13, 2024

AI frenzy puts Nvidia briefly ahead of Amazon in market value

At a record high of $734.96, Nvidia was worth $1.82 trillion in market value, compared to $1.81 trillion for retail giant Amazon.com

February 11, 2024
February 11, 2024

Jeff Bezos sells off $2 billion in Amazon shares

Jeff Bezos has sold off about $2 billion in shares of Amazon, according to stock market filings.

February 6, 2024
February 6, 2024

When Amazon's new AI tool answers shoppers' queries, who benefits?

Amazon's new artificial intelligence assistant is raising as many questions as it answers

February 4, 2024
February 4, 2024

Bezos to sell up to 50 million Amazon shares by Jan 31 next year, filing shows

Bezos will sell up to 50 million shares in the online retail and cloud services firm over the next one year

January 30, 2024
January 30, 2024

Shothik AI gets selected for Google for AI Startup Cloud Program

Shothik AI, a Bangladeshi AI-based startup has recently received USD 350,000 from Google for AI Startup Cloud program and USD 100,000 from Amazon. 

January 29, 2024
January 29, 2024

US tech and media company layoffs in 2024 so far

Notable major technology and media corporations in the United States have begun 2024 with a fresh round of job cuts, with reasons citing the global economic crisis that is expected to remain persistent in the new year. Let's take a look at the US tech and media companies that have fired or plan to fire a large percentage of their employees in 2024.

December 3, 2023
December 3, 2023

Amazon to take help from rival SpaceX to launch Kuiper satellites

The e-commerce giant Amazon recently announced that it has secured three Falcon 9 rocket launches from their rival company SpaceX to deploy its Project Kuiper satellite network.

November 29, 2023
November 29, 2023

Amazon unveils new AI chip for training AI

Amazon has recently unveiled its brand new AI chip that will be used for the company's cloud computing service. Named Trainium2, the second-generation chip is designed for training AI systems and is said to be four times faster and twice as energy efficient as its previous model.

June 24, 2023
June 24, 2023

Amazon raises investment in India to $26 bln by 2030

Amazon.com Inc (AMZN.O) said on Friday it will take its investments to $26 billion in India by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States.

June 24, 2023
June 24, 2023

Google and Amazon commit to Modi to invest $25 Billion in India

In a significant move to bolster India's digital economy, global tech giants Google and Amazon have jointly pledged a massive investment of $25 billion. Sundar Pichai, CEO of Google, announced the company's commitment to invest $10 billion in India's digitisation fund during a meeting with Prime Minister Narendra Modi in Washington, D.C. Furthermore, Google unveiled its plans to establish a state-of-the-art global fintech operation centre in Gujarat.