Even companies such as Netflix and Amazon, which until recently relied mainly on subscriptions, are getting in on the action
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 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, 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 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.
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
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.
The filings come after antitrust investigations concluded in August found Amazon and Flipkart, some of their sellers and smartphone brands, violated local competition laws
Nearly two-thirds of Latin America's biggest country is under smoke.
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
Jeff Bezos, founder and executive chairman of Amazon, is planning on selling shares of his company that are worth almost $5 billion, according to a recent regulatory filing. This takes place after Amazon's stock hit a record high recently, with the e-commerce giant currently standing at a $2.056 trillion market cap.
Amazon.com, the US-based tech and e-commerce company, has reached a valuation of $2 trillion for the first time. This makes it the fifth US company to reach this market value, a rise that is being attributed to the recent AI boom.
American e-commerce giant Amazon wants central bonded warehouse facilities in Bangladesh to enjoy tax benefits, said State Minister for Commerce Ahasanul Islam Titu yesterday
A delegation of the US-Bangladesh Business Council meets State Minister for Commerce Ahasanul Islam Titu
Huawei had ended lawsuits brought against Amazon in Germany over patented technology related to wifi and video playback
Bezos had committed $100 million through his firm Explore Investments LLC and Microsoft is investing $95 million, while Nvidia and an Amazon-affiliated fund are each providing $50 million
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
Jeff Bezos has sold off about $2 billion in shares of Amazon, according to stock market filings.
Amazon's new artificial intelligence assistant is raising as many questions as it answers
