Amazon
Amazon invests an additional $5 billion in Anthropic
Amazon is investing an additional $5 billion in Anthropic, with the potential for up to $20 billion more tied to commercial milestones, the companies recently announced.
4 hour(s) ago
Amazon to acquire satellite company Globalstar for $11.57 billion
Amazon recently announced it will acquire satellite firm Globalstar in a deal valued at $11.57 billion, a move that expands its space-based internet ambitions as it works to compete with Elon Musk's Starlink network.
15 April 2026, 16:05 PM
Amazon adds fuel surcharge for sellers as Iran war drives up oil prices
Amazon has introduced a new fuel surcharge for sellers using its logistics network, as rising oil prices linked to the war in Iran continue to disrupt global energy markets.
4 April 2026, 13:42 PM
Amazon plans AI content marketplace for publishers: report
Amazon is reportedly developing a new marketplace where publishers can sell their content to companies building artificial intelligence products, according to a recent report by The Information.
10 February 2026, 14:22 PM
Amazon lays off 16,000 employees
Amazon has confirmed 16,000 additional corporate job cuts, bringing its total workforce reductions to around 30,000 since October, as per a recent report by Reuters.
28 January 2026, 22:25 PM
Amazon to invest over $35 billion in India by 2030
Amazon has announced plans to invest over $35 billion in India by 2030, focusing on artificial intelligence, job creation, and export growth. As per an official announcement by the company, the commitment builds on approximately $40 billion Amazon has already invested in the country.
10 December 2025, 08:55 AM
Amazon announces satellite internet service to race against Starlink
Amazon has recently unveiled the first hardware for its upcoming satellite internet service, positioning itself as a direct challenger to SpaceX’s Starlink in the market for low Earth orbit connectivity.
26 November 2025, 10:53 AM
Amazon adds AI translation for Kindle authors
Amazon has recently introduced Kindle Translate, a new AI-powered service designed to help independent authors translate their books into different languages.
10 November 2025, 07:51 AM
Amazon to cut 14,000 corporate jobs
Amazon has announced it will eliminate approximately 14,000 corporate positions as part of an ongoing effort to "reduce bureaucracy" and streamline operations.
28 October 2025, 07:51 AM
Amazon unveils Quick Suite for workplace automation
Amazon has introduced Quick Suite, an AI-powered workspace that retrieves information across company systems and the public internet, and can take actions in connected business apps.
13 October 2025, 05:16 AM
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.
7 July 2025, 11:17 AM
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.
25 June 2025, 08:54 AM
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.
29 April 2025, 05:42 AM
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
5 January 2025, 06:28 AM
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.
11 December 2024, 13:29 PM
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.
4 December 2024, 03:31 AM
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.
28 November 2024, 11:08 AM
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.
24 November 2024, 11:24 AM
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
13 October 2024, 06:31 AM
Amazon to hire 250,000 workers for upcoming holidays
Amazon has announced plans to hire 250,000 transportation and warehouse workers for the upcoming holiday shopping season, matching its hiring efforts from last year, as per a recent Reuters report.
4 October 2024, 03:56 AM