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.
Bezos will sell up to 50 million shares in the online retail and cloud services firm over the next one year
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.
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.
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.
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.
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.
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.
The guessing game began a few days ago, when an anonymous, untitled book scheduled for July 9, “4C Untitled Flatiron Nonfiction Summer 2023”, had Taylor Swift fans so convinced she had written a memoir that they made it a bestseller.
There is no such thing as free shipping. Even so, Amazon.com Inc (AMZN.O) and other online retailers who use so-called free delivery to cultivate customer loyalty are scrambling to keep it from draining profits as costs climb and e-commerce contracts.
“Given the uncertain economy and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount,” Jassy said in a memo to staff.
