Tag: amazon
-
Amazon enters $3 trillion club as AI optimism sweeps through Wall Street
Aug 3 : Amazon touched a $3 trillion market capitalization for the first time on Monday, joining a handful of Wall Street giants at the top as a wave of renewed artificial intelligence optimism lifted technology stocks to new highs. Its shares were last up 3.1 per cent at $279, hitting a record high and…
-
Amazon soars as cloud revenue surge allays fears over ballooning AI bets
July 31 : Amazon shares surged 13 per cent premarket on Friday after the tech giant’s solid cloud sales growth reinforced investor confidence in its massive AI bets and quashed any concerns about the company trailing its Big Tech rivals in the AI race. The e-commerce and cloud titan posted its strongest cloud
-
Amazon jumps as AWS growth soothes fears over rising AI spending
July 31 : Amazon shares jumped more than 12 per cent before the bell on Friday after the e-commerce and cloud giant posted its strongest cloud growth in over four years, bolstering investor confidence that its multibillion-dollar AI bets are driving a fresh wave of demand.The rally put Amazon on track to add
-
Amazon beats cloud sales growth estimates; shares jump
July 30 : Amazon.com beat market expectations for quarterly cloud sales growth on Thursday, calming prior fears among investors over hefty planned outlays for artificial intelligence development.Shares in the Seattle-based online retailer jumped more than 9 per cent after the market’s close, following a 3.9 p
-
Amazon winds down most flagship AI models in strategy overhaul, Business Insider reports
July 28 : Amazon.com is revamping its AI strategy, winding down many of its in-house AI models and sharpening focus on a new frontier-model effort, Business Insider reported on Tuesday citing people familiar with the matter.The company has begun deprecating most of its flagship Nova AI models, including the h
-
Amazon’s Leo proposes satellite constellation for direct-to-phone service
WASHINGTON, July 27 : Amazon’s Leo on Monday proposed a constellation of up to 5,105 satellites to provide direct-to-device voice and data connectivity, joining a growing race among satellite operators to beam cellular services directly to smartphones.The proposed network would provide voice, messaging, data
-
India relaxes e-commerce investment rules for exports in win for Amazon
NEW DELHI, July 23 : India’s government on Thursday eased foreign investment rules to allow e-commerce companies to buy products directly from Indian sellers and then sell them to overseas customers, a major win for Amazon which lobbied for the change for months.For years, India has prohibited foreign e-comm
-
Exclusive-Amazon’s Bezos pushes Prime Video redesign focused on AI
SAN FRANCISCO, July 23 : Jeff Bezos has identified a new, high-profile platform to help showcase the hundreds of billions of dollars Amazon has bet on artificial intelligence: Prime Video.The Amazon founder and executive chairman pushed Prime Video head Mike Hopkins to overhaul the streaming service so that A
-
Italian unions agree workers’ rights deal with Amazon
MILAN, July 22 : Italian unions have signed an agreement with Amazon.com covering leave, employee rights and video surveillance, the unions and the U.S. e-commerce giant said on Wednesday.• The Filt CGIL, Fit CISL and Uiltrasporti unions said 57 sites operating in Italy were covered in the deal struck with
-
Amazon cuts jobs in its artificial general intelligence group
SAN FRANCISCO, July 22 : Amazon on Wednesday cut jobs in its artificial general intelligence group, marking the latest in a series of smaller reductions across the company since a much larger one in January.Artificial general intelligence is a hypothetical AI system that surpasses human intelligence and c
Latest News
Stay Connected
Categories
BBC News CNA CNBC CNN International Deutsche Welle (DW) Euronews France 24 General Global & European Specialized & Regional
Tags
amp Artificial intelligence Asia Breaking News: Business Breaking News: Markets Breaking News: Politics Breaking News: Technology Business business news cent china cup Donald J. Trump Donald Trump economy European Union fast football France germany Investment strategy iran Iran war markets news People per politics return russia said Singapore spain Sport Stock markets technology trump ukraine United States US-Israel attack on Iran 2026 video War in Ukraine World world cup World Cup 2026
About the Author
AF themes
Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
