AWS unveils $230m fund to boost AI startups
Alex Omenye Tech giant Amazon Web Services has launched a $230 million fund to support startups worldwide in developing generative AI applications.…
Amazon
Amazon to acquire Indian streaming service MX Player
Amazon has reached an agreement to acquire the Indian video streaming service MX Player from Times Internet, marking another strategic move by…
Amazon plans AI overhaul, Alexa subscription
Amazon is undertaking an artificial intelligence-driven overhaul of its Alexa voice assistant and intends to implement a monthly subscription fee to cover…
Chinese tech giants slash prices of AI language models
Chinese tech giants Alibaba and Baidu engaged in a price war on Tuesday, slashing prices on large-language models used in generative artificial…
Amazon Web Services fire several ‘hundreds’ tech, sales staff
Amazon Web Services has eliminated several hundred sales, marketing, and tech roles, it said on Wednesday, the latest in a series of…
Writer Lance Hill sues Amazon for upcoming ‘Road House’ movie remake
Screenwriter Lance Hill filed a lawsuit against Amazon on Tuesday, seeking to halt the upcoming remake of the 1989 film “Road House,”…
Jeff Bezos, others invest $675m in humanoid robot development
Tech billionaires such as Jeff Bezos are exploring the realm of humanoid robots in an effort to find new uses for artificial…
Jeff Bezos sells 50 million Amazon shares
Amazon founder and billionaire Jeff Bezos, has stated that he plans to sell up to 50 million shares of the company, which is…
Amazon pulls out of iRobot acquisition
Alex Omenye Amazon’s attempt to acquire iRobot, the renowned robotic vacuum manufacturer, has come to an end due to challenges faced with…
Jeff Bezos ex-wife Mackenzie Scott sells $10bn Amazon shares
The ex-wife of Amazon founder Jeff Bezos, MacKenzie Scott, sold about $10 billion in Amazon stock last year, marking a big financial move.…
Amazon lays off staff from Buy with Prime division
Amazon on Thursday, announced that it is letting go of less than 5% of its workforce at its Buy with Prime division.…
Amazon Prime video shifts focus, cuts funding in Africa, Middle East
Amazon Prime Video is reorganizing its global operations to concentrate on original European content, reducing staff and funding in Africa and the…