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Articles for Amazon

Amazon Unveils Trainium 2, Targets To Challenge NVIDIA's AI Dominance

Developed by Annapurna Labs, a startup acquired by Amazon in 2015 for USD 350 million, Trainium 2 is designed to enhance the performance of AI model training in AWS data centres

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Amazon Eyes Another Multi-billion Dollar Investment In AI Startup Anthropic

This move would follow Amazon’s initial USD 4 billion investment in Anthropic, which was made last year

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Amazon Signs Agreements To Leverage Nuclear Energy For Data Centres

The growth in demand for electricity from data centres, driven by artificial intelligence and other high-power computing technologies, has pushed Amazon and other tech giants to seek innovative energy solutions

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Amazon To Cut 14,000 Manager Positions By 2025: Report

This restructuring might save the corporation between USD 2.1 billion and USD 3.6 billion per year

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Amazon Accused Of Illegally Refusing To Bargain With Union Drivers, US Labour Board Claims

Amazon has denied the NLRB's allegations, claiming that it lacks the control required to be classed as a joint employer of the drivers

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Brace For Mega Shopping Extravaganza As Amazon, Flipkart, Meesho Unveil Festive Sales

With the festive shopping season in full swing, Indian consumers can look forward to massive savings and a seamless shopping experience across all three platforms

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CCI Accuses Samsung, Xiaomi Of Breaching Antitrust Laws; Orders Financial Data Of Last Three Fiscal Years

The two reports by CCI accused Samsung, Xiaomi, Motorola, Realme, OnePlus, Vivo and Lenovo of violating antitrust laws

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Amazon To Boost Indian Exports To $5 Bn In 2024: Report

Amazon is set to facilitate USD 5 billion in sales of small-ticket items from Indian exporters this year, a big jump from the nearly USD 3 billion recorded in 2023

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Amazon India Rolls Out AI-powered Shopping Assistant ‘Rufus’

Currently in beta mode, Rufus is available to a select group of customers, with plans for a broader rollout in the coming weeks

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Piyush Goyal Accuses Ecommerce Giants Of Predatory Pricing

A 2021 Reuters investigation revealed that Amazon's internal documents showed the company aided select vendors on its Indian platform by offering reduced fees and circumventing foreign investment regulations

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