Business
Amazon in talks to invest in OpenAI, source says
AMAZON is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence…
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Amazon
Business
Amazon European hub in Luxembourg braces for record job cuts
Amazon.com’s decision earlier this year to axe 14,000 employees around the globe is reverberating at the company’s European headquarters…
Business
Amazon announces US$35 billion investment in India
Major US tech firms have poured billions of US dollars into the country this year Amazon plans to invest more than US$35 billion in India…
Business
Amazon to invest over US$35 billion in India on AI, exports
Amazon plans to invest more than US$35 billion in India by 2030 to expand its operations by boosting artificial intelligence (AI)…
Business
Amazon says it will invest $35 billion in India by 2030 on AI, exports
Major US tech firms’ pledges in the country underscore its emergence as a hub for cloud, AI and deep-tech growth E-COMMERCE giant Amazon…
Business
Indexes end near flat, supported by Fed hopes but dragged by Amazon
Markets are pricing in an 87% chance the central bank will cut rates by 25 basis points this month US stocks closed near the unchanged…
Business
Amazon opens new Germany headquarters in Munich
US online retail giant Amazon has opened a new and expanded headquarters in Germany, the company said on Thursday. After the company's…
Business
Amazon rushes out latest AI chip to take on Nvidia, Google
Amazon.com’s cloud unit raced to get the latest version of its artificial intelligence (AI) chip to market, renewing efforts to sell…
Fashion
Amazon cuts seller fees in Europe in Shein, Temu price war
Amazon is cutting the fees it charges sellers in Europe as it responds to competition from marketplaces such as Shein and Temu that sell…
Business
Amazon, Flipkart take aim at India’s banks with new consumer loan offerings
Interest rates on loans for consumer durables from traditional lenders typically range between 12% and 22% Amazon is preparing to offer…
Business
We Found 16 Amazon Black Friday Beauty Favorites That Are Really, Truly Going for Their Lowest Prices Ever
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. 16…
Business
Amazon pledges up to US$50 billion to expand AI, supercomputing for US government
Tech companies are pouring billions of US dollars to develop AI infrastructure, boosting demand for computing power required to support…
Business
Amazon seeks US$12 billion from first US bond sale in three years
Amazon.com is seeking to raise about US$12 billion through a debt offering – its first such deal in US dollars in about three years – amid…
Business
Why this festival is Brazil’s most unique cultural experience — and the perfect pairing with Rio
Although I had visited Brazil before, I had never made it to the Amazon, which covers more than half the country. When I finally did, the…
Business
Amazon, Microsoft back effort to restrict Nvidia’s exports to China: WSJ
AMAZON is joining Microsoft in backing legislation to further curb chipmaker Nvidia’s ability to export chips to China, the Wall Street…
Business
Amazon sued over ‘punitive’ handling of employee absences
Amazon.com was sued on Wednesday in a proposed class action saying the retailer subjects thousands of warehouse employees with…
Business
US: Dow notches record-high close while Amazon weighs on Nasdaq
Wall Street’s main indexes were mixed on Wednesday, with the Dow notching a record-high close and the Nasdaq losing ground as investors…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5b spending target
The group says the issuance will enable them to raise funds for operating expenditure and strengthen its capital base Mainboard-listed…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target; soars 6.6% to 10-year high
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
Business
OpenAI, Amazon strike US$38 billion agreement for ChatGPT maker to use AWS
The deal is among the first major moves by OpenAI since it completed a restructuring last week Amazon.com will supply OpenAI with cloud…
Business
Asia: Markets mostly up on heels of Apple, Amazon earnings
ASIAN stock markets mostly rose Friday morning, with a surge in Japanese shares coming after better-than-expected earnings reports from US…
Business
Amazon reports cloud unit grew at fastest rate since 2022
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and…
Unsorted
The CFDA Foundation Teams With Bezos Earth Fund for New Initiative
The CFDA Foundation and the Bezos Earth Fund are joining forces to try to rev up sustainable fashion innovation. Through a $6.25 million…