Amazon has announced plans to invest $48 billion in India between 2026 and 2030, including an additional $13 billion for AI and cloud infrastructure. The investment will expand AWS data centres in Mumbai and Hyderabad, support job creation, boost exports, and strengthen India's digital and artificial intelligence ecosystem
Amazon CEO Andy Jassy announced plans to expand its quick-commerce service, Amazon Now, to over 300 Indian cities. Order volumes have doubled quarterly, making it the fastest-growing e-commerce unit in the history of Amazon India
The Amazon CEO said in a statement that they were not done with the annual planning process as earlier mentioned, and "I expected there would be more role reductions in early 2023".
Washington: The US government has initiated an investigation into Amazon’s labour rules around severe weather events, as six people died in a tornado strike last year at the company’s warehouse in the state of Illinois. The House Committee on Oversight and Reform has sent a letter to Amazon CEO Andy Jassy, seeking documents regarding Amazon’s […]
We see strong growth in enterprises, governments, educational and research institutions and our start-up and digital native customers, said Brian T Olsavsky, Senior Vice President and Chief Financial Officer at Amazon.
