SEATTLE – Amazon is reportedly preparing to launch a marketplace that would allow media publishers to sell and licensed their content directly to artificial intelligence (AI) companies, offering a legally secure source of data for training AI models. Read More: Amazon cuts 16,000 jobs amid AI surge The move comes amid rapid AI growth, which has […]
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OpenAI seeks $100 billion funding with Amazon talks
OpenAI, the artificial intelligence company currently valued at $500 billion, has announced plans to raise an additional $100 billion in a new funding round, potentially pushing its valuation to $830 billion. The Wall Street Journal reports that Amazon could contribute at least $50 billion to the investment, although details of the deal remain limited. Read […]
OpenAI set for $60 billion boost as Nvidia, Microsoft, Amazon discuss major investments
Tech giants Nvidia, Microsoft, and Amazon are reportedly in talks to invest up to $60 billion in OpenAI, the startup behind ChatGPT, in what could be one of the largest private funding rounds in AI history. Read More: Amazon eyes $10 billion stake in OpenAI Nvidia, which powers OpenAI’s AI models with its chips, is expected to […]
CES 2026: Amazon launches Ember Artline TV to challenge Samsung Frame
LAS VEGAS: At CES 2026, Amazon unveiled its first branded television under the “Ember” lineup, the Ember Artline, designed to compete with Samsung popular Frame TV. The new 4K QLED TV supports Dolby Vision and HDR10 Plus and features a matte display to reduce glare in varied lighting conditions. Read More: Amazon strengthens Indian operations with […]
Amazon cuts seller fees in Europe to compete with Shein and Temu
Amazon is reducing the fees it charges sellers in Europe in a bid to counter growing competition from marketplaces like Shein and Temu, which offer clothing, homeware, and gadgets at very low prices. The move, announced on Tuesday, is one of Amazon’s largest fee reductions and initially targets sellers of budget fashion items. Read More: […]
Amazon slashes prices on Lord of the Rings 4K box sets for Cyber Monday
Fans of Middle-earth have reason to rejoice as Amazon discounts Peter Jackson’s iconic The Lord of the Rings and The Hobbit adaptations for Cyber Monday. The massive 30-disc Middle-earth 6-Film Collection is now available for $100, down from $210, while The Lord of the Rings Trilogy 4K Blu-ray box set drops to $49.49 from its […]
Panasonic to supply batteries for Amazon’s Zoox robotaxis in 2026
TOKYO: Panasonic Energy will supply cylindrical batteries to Amazon’s self-driving unit Zoox starting early 2026 under a multi-year agreement, the Japanese company announced Tuesday. The deal will provide 2170 battery cells to support Zoox’s growing robotaxi service. Read More: Panasonic announces new partnership in Pakistan with PEL The partnership comes as Zoox recently launched free rides […]
Tech giants hit “energy wall” in race for AI dominance
In the global race for artificial intelligence supremacy, American tech giants like Microsoft, Google, Amazon, and Meta face an unexpected roadblock — electricity. As these companies pour billions into AI data centres and chip production, the availability of electric power has become the latest bottleneck threatening to slow their progress. Microsoft CEO Satya Nadella recently […]
Lula: Earth can no longer sustain humanity’s dependence
BELEM, Brazil: Brazil’s President Luiz Inacio Lula da Silva issued a stark warning on Friday, urging a rapid transition away from fossil fuels to prevent climate catastrophe. Speaking at a summit in the Amazon ahead of COP 30, Lula said humanity could no longer sustain the centuries-old development model reliant on coal, oil, and gas. […]
Amazon strengthens Indian operations with major $233M investment
Amazon has announced a new investment of $233 million in India for 2025. The funds will be used to expand its operations, upgrade technology, and improve delivery systems. The company shared this update on Thursday, highlighting its commitment to India’s fast-growing e-commerce market. The new investment will help Amazon launch new fulfillment sites and upgrade […]