Tag: Amazon

Amazon plans stand-alone app for payments in India
Tech

Amazon launches Alexa+ with AI upgrades

Amazon has introduced Alexa+, a new AI-powered version of its digital assistant, featuring enhanced natural language processing, personalized interactions, and improved smart home integration. Amazon’s revamped service is powered by generative AI, according to Panos Panay, the company’s senior vice president of devices and services, who announced it on stage at an event in New […]

Amazon increases AI spending to $100bn
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Amazon increases AI spending to $100bn

Amazon CEO Andy Jassy announced during the company’s Q4 earnings call that capital expenditures (capex) for 2025 will exceed $100 billion, a sharp increase from $78 billion in 2024. The “vast majority” of this spending will fuel AI expansion at Amazon Web Services. Despite speculation that AI costs would plummet after DeepSeek’s launch, Big Tech […]

Amazon to unveil AI-powered Alexa upgrade in February
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Amazon to unveil AI-powered Alexa upgrade in February

Amazon is set to launch a long-awaited generative AI-powered upgrade to Alexa, marking the most significant transformation of its voice assistant since its debut over a decade ago. The company has scheduled a February 26 event in New York to preview the new technology, with Panos Panay, head of Amazon’s devices and services team, leading […]

Amazon to exit Quebec operations, cut 1,700 jobs
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Amazon to exit Quebec operations, cut 1,700 jobs

Amazon has announced plans to wind down its operations in Quebec, resulting in the loss of approximately 1,700 full-time jobs, according to a company spokesperson on Wednesday. The e-commerce giant will close seven sites in the province—the only region in Canada with unionized Amazon employees—over the next two months. The company will shift back to […]

AWS enables payment in naira
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AWS enables payment in naira

Amazon Web Services has taken a significant step toward supporting Nigerian businesses by enabling payments in naira. This move simplifies financial transactions and eliminates the challenges of currency conversion, offering businesses a stable and predictable pricing model for their cloud services. For years, Nigerian companies using AWS faced hurdles such as fluctuating exchange rates and […]

Bezos courts Trump, seeks edge over Musk in space race
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Bezos expresses confidence in Musk, optimism for US space agenda

Jeff Bezos, founder of Blue Origin, said he does not believe SpaceX CEO Elon Musk will exploit his close relationship with U.S. President-elect Donald Trump to gain an advantage over Blue Origin in the space industry. Speaking to Reuters on Sunday, Bezos expressed optimism about the incoming administration’s space policies. “Elon has been very clear […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
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Meta, Amazon scale back diversity programs amid opposition pressure

Meta Platforms, the parent company of Facebook, and Amazon.com are scaling back their diversity, equity, and inclusion initiatives as conservative opposition to such programs gains momentum. The moves come ahead of Republican Donald Trump’s return to the U.S. presidency, signaling a broader shift in corporate America’s stance on inclusion efforts. Meta announced in an internal […]

Amazon cuts jobs in books division amid broader efficiency push
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Amazon’s Haul rivals Temu, Shein on pricing

Amazon has introduced new feature called Haul, in its mobile-only section within its app that focuses on ultra-low-priced items. Amazon’s Haul is designed to rival popular platforms like Temu and Shein, offering ultra-low-cost products shipped directly from China. Since its launch in November, the feature has drawn millions of unique customer visits, showcasing Amazon’s push […]

Amazon cuts jobs in books division amid broader efficiency push
Tech

Amazon ‘knowingly’ works workers at injury-prone pace, claims report

An investigation led by Senator Bernie Sanders has found that Amazon drives its United States warehouse workers to fulfill orders at speeds that risk causing high injury rates, despite being aware of the dangers. The report accused Amazon of rejecting changes that could have slowed workers’ pace but improved safety, prioritizing its bottom line instead. […]

Amazon increases AI spending to $100bn
News

Amazon delays Microsoft 365 rollout over security concerns

Amazon has delayed the deployment of Microsoft 365, the cloud-based Office suite, for a year due to security concerns. Although the two companies signed a deal last year to provide Microsoft 365 to Amazon employees, Amazon has traditionally used locally installed versions of Office software on its servers, according to Bloomberg. Amazon paused the rollout […]

Amazon unveils new AI model 'Nova'
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Amazon unveils new AI model ‘Nova’

Amazon Web Services has introduced a new family of multimodal generative AI models, called Nova at its re:Invent conference on Tuesday. These models are designed to handle a range of tasks, from text generation to image and video creation. The Nova family includes four text-generating models: Micro, Lite, Pro, and Premier. Micro, Lite, and Pro […]

Amazon increases AI spending to $100bn
News

Amazon to invest $4bn more in Anthropic, OpenAI rival

Amazon announced it would invest an additional $4 billion in Anthropic, increasing its total investment to $8 billion. However, Amazon will continue to hold a minority stake in the San Francisco-based AI startup, which is behind the Claude chatbot and AI model. Amazon Web Services will become Anthropic’s “primary cloud and training partner,” according to […]