Amazon Warns Employees Against Excessive AI Use as Costs Rise
Amazon has cautioned its software engineers against using artificial intelligence tools excessively just to increase usage numbers. The company is discouraging a practice known as...
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Amazon in Talks to Acquire AI Startup Decart for Around $7 Billion
Amazon is reportedly in talks to acquire artificial intelligence startup Decart in a deal valued at around $7 billion, according to a report published by...
Amazon Cuts Nearly 1,000 Jobs as Company Steps Up AI Spending
Amazon has cut nearly 1,000 white-collar jobs, mainly in its Stores division, as the e-commerce giant continues to restructure its workforce and increase spending on...
Iris Clothings Brings Doreme Brand to Amazon Platform
Iris Clothings has launched its kids wear brand Doreme on Amazon to widen its online reach, alongside strong Q1 FY27 profit growth of 53%. Until...
Hexaware Surges 9% on Anthropic Claude Reseller Deal
Hexaware Technologies surges to Rs 539 on 29 June, up 9%, after being named an authorised reseller for Anthropic’s Claude on Amazon Bedrock. This is...
Amazon Expands Northeast Air Cargo with New Route
Amazon has expanded its dedicated air cargo network to Northeast India. The company launched a new Kolkata–Guwahati route to speed up deliveries and improve market...
India Plans $200 Billion Data Centre Investment for AI Growth
India is positioning itself as a global artificial intelligence powerhouse — and it’s backing that ambition with a massive infrastructure push. The government is targeting...
Amazon Wins FCC Nod for 4,500 LEO Internet Satellites
Amazon is accelerating its push into the satellite internet race. The US Federal Communications Commission (FCC) has approved Amazon’s plan to deploy 4,500 additional low...
Amazon Eyes Faster Content Production With AI
Amazon is turning to artificial intelligence to make movies and TV shows faster and cheaper. Rising costs now force studios to rethink how content is...
Asia’s AI Supply Chain Presents Major Opportunity: WhiteOak Capital
Asia’s growing dominance in the AI hardware supply chain is emerging as a major investment opportunity. This is according to Lim Wen Loong, Fund Manager...