AMZN Amazon.com Inc
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Amazon wins India legal battle, overturning $24 million antitrust fine
India’s Supreme Court overturned a 2019 antitrust ruling against Amazon. The decision restores Amazon’s investment in Future Coupons which the Competition...
Blue Origin New Glenn Rocket Explodes, Delaying Amazon Satellite Launch
A Blue Origin New Glenn rocket exploded during a hotfire engine test at Cape Canaveral on Thursday evening. The explosion destroyed the uncrewed vehicle and...
Amazon Strengthens AI Offerings by Adding Anthropic's Claude Opus 4.8 to AWS
Amazon launched Anthropic's Claude Opus 4.8 AI model on Amazon Web Services (AWS). Users can access the model through Amazon Bedrock and the Claude Platform...
Amazon Scraps Internal AI Leaderboard, Ending Costly Employee Tokenmaxxing
Amazon terminated an internal leaderboard designed to track employee usage of generative AI tools. Staff inflated usage scores by assigning AI agents to...
Anthropic Raises $65 Billion, Surpassing OpenAI With $965 Billion Valuation
Anthropic closed a $65 billion Series H funding round. This investment increases the company’s post-money valuation to $965 billion. Anthropic now ranks as the...
Amazon Names Dr. Roy Schoenberg Health Services Head to Scale Clinical Operations
Amazon named Amwell co-founder Dr. Roy Schoenberg as the new head of its Health Services division. The appointment becomes effective on July 1. Schoenberg will...
AWS Launches RNG Networking, Slashing Infrastructure Costs to Support AI
Amazon Web Services (AWS) deployed a new data center networking architecture called Resilient Network Graphs (RNG). This quasi-random flat topology replaces...
Swiggy Shuns Spending War With Amazon, Prioritizing Instamart Profits
Swiggy Ltd. CEO Sriharsha Majety confirmed the company will not engage in a spending war within India’s quick commerce sector. This decision targets...
Amazon Launches AI Fund and Production Platform, Greenlights Animated Series
Amazon MGM Studios and Amazon Web Services (AWS) have announced the launch of the GenAI Creators' Fund, an initiative to provide filmmakers and digital...
Amazon licenses AI shopping assistant, following $12 billion in internal sales
Amazon Web Services (AWS) will license its in-house artificial intelligence technology to external retailers. The new AWS Agentic Shopping Assistant utilizes...
Amazon Invests £15B in UK, Scaling AI and Logistics Infrastructure
Amazon invested over £15 billion ($20 billion) in the UK during 2025. This spending maintains progress toward a £40 billion investment target for 2025 through...
Amazon's Project Kuiper May Gain Access to EU Satellite Spectrum
Amazon's Project Kuiper and Elon Musk's Starlink may acquire a portion of the European Union's mobile satellite spectrum, according to sources. An upcoming...
Amazon's Massive $200B AI Spending Plan Stirs Investor Concern
Amazon is facing investor anxiety over its aggressive $200 billion capital expenditure plan focused on building out infrastructure for generative AI. Despite...
Amazon Shareholders Re-elect Board, Approve Executive Pay at Annual Meeting
Amazon.com, Inc. announced the voting results from its Annual Meeting of Shareholders held on May 20, 2026. Shareholders approved the election of all director...
Jeff Bezos Downplays AI Job Threats and Bubble Concerns in CNBC Interview
In a recent CNBC interview, Amazon founder Jeff Bezos expressed a bullish outlook on artificial intelligence, countering fears of widespread job displacement...
Anthropic expects first profit as revenue jumps to $10.9 billion
Anthropic expects second-quarter revenue to reach $10.9 billion. This figure more than doubles the $4.8 billion reported in the first quarter. The company...
Amazon's Bezos proposes zero income tax for bottom half of U.S. earners
Amazon founder Jeff Bezos proposed eliminating federal income tax for the bottom half of U.S. earners during a Wednesday CNBC interview. Bezos noted that the...
Shareholder Group Challenges Amazon Board Over AI Governance
Investor Advocates for Social Justice filed an exempt solicitation against four Amazon directors. The group urges shareholders to vote against their...
🔴 AMZN is trading 3.2% down today as tech stocks sell off
AMZN is trading at $256.33 (-3.22%) as tech stocks sell off amid broader market weakness and macro pressures. - The move aligns with a wider decline in major...
CISA Contractor Exposes AWS GovCloud Keys, Risking Sensitive Federal Assets
A contractor for the U.S. Cybersecurity and Infrastructure Security Agency (CISA) inadvertently exposed credentials for AWS GovCloud accounts and internal...