Amazon, the global e‑commerce and tech giant, is in advanced talks to make a massive investment of up to $50 billion in OpenAI. This move comes at a moment when Amazon is also cutting tens of thousands of jobs. Amazon’s AI Strategy: Why OpenAI Matters What the $50 Billion Investment Looks Like Workforce Cuts vs. Big…
Amazon has announced that it will cut about 16,000 jobs around the world as part of a major restructuring tied to its artificial intelligence efforts and a broader reset following the pandemic.The move underscores how the company is shifting resources toward AI initiatives and other high-growth areas while trimming roles that the leadership believes are…
Amazon, the world’s biggest online retailer and cloud-services company, is preparing to cut up to 30,000 corporate jobs in a wave of layoffs that could begin as soon as next week. This move marks one of the largest workforce reductions in the company’s history. This story matters because Amazon employs more than 1.5 million people…
Amazon Web Services (AWS) has launched a new cloud service for Europe, called the AWS European Sovereign Cloud. It runs entirely within the EU and aims to improve data privacy, control, and compliance. This move shows Amazon responding to growing demand from European businesses and governments for secure, local data solutions. What Is AWS &…
The latest Amazon news today has sent shockwaves through the retail and investment world. Amazon has openly criticized a major funding deal involving Saks Global, going as far as calling its equity stake in the luxury retailer worthless. This strong statement has raised serious questions about valuation, governance, and the future of one of America’s…
On January 14, 2026, Amazon surprised many by saying it will appeal an Italian court ruling related to a big antitrust fine. The company was originally fined €1.13 billion in 2021 for how it runs parts of its online and logistics business in Italy. That fine was cut to €752.4 million after a court review in…
In a significant development for the tech and stock market, Amazon is reportedly in talks to make a major investment in OpenAI, the company behind ChatGPT and other advanced artificial intelligence tools, according to multiple sources citing industry insiders and financial news reports. This possible move signals a major shift in how Amazon positions itself…
On December 10, 2025, Amazon announced a bold plan to invest over US $35 billion in India by 2030. This new commitment builds on roughly $40 billion the company has invested there since 2010. The aim is not just growth, but transformation: Amazon wants to bring powerful AI tools, better infrastructure, and advanced logistics to…
The global e‑commerce giant Amazon has agreed to pay €180 million to Italian authorities to settle a long‑running investigation into alleged tax evasion and illegal labour practices involving its Italian logistics unit. This settlement marks a significant moment for Amazon as it seeks to move past scrutiny and align more closely with labour and tax…
Global cloud leaders have joined forces. Amazon and Google Cloud officially launched a new multicloud networking service on November 30, 2025. The new offering lets businesses create private, high-speed links between the cloud platforms of Amazon Web Services (AWS) and Google Cloud, drastically cutting the time needed from weeks to mere minutes. This joint service…