Amazon

News

Amazon CEO Says AI Costs to Come Down

Amazon chief executive officer Andy Jassy on Thursday, April 10, released his annual shareholder letter, in which he predicted that rapid advances around artificial intelligence along with increasing competition in the chip market will eventually bring down the costs associated with this cutting-edge technology.

Science & Technology

Amazon Prepares to Launch Satellite Internet Network

Project Kuiper, Amazon initiative to build a satellite internet constellation similar in concept to SpaceX’s Starlink, is ready to send an entire batch of satellites to space for the first time.

Fintech & Ecommerce

Amazon Tests Third-Party Product Discovery Feature

Buy for Me service, which enables customers to buy from other brand retailer websites, is currently in the beta testing stage within the Amazon Shopping app. 

News

Amazon Facilitates Access to Its Advanced GenAI Model Nova

Generative AI solution Amazon Nova and its derivatives are now available to developers and tech enthusiasts through a separate dedicated website and SDK.

News

Amazon Tests Shopping and Health Assistants

Amazon, as part of its drive to scale the use of generative artificial intelligence in its e-commerce ecosystem, has begun testing a shopping assistant and a health-focused chatbot with a subset of users.

Science & Technology

Amazon Offers Science-Based Carbon Credits for Qualified Companies

E-commerce giant Amazon continues its efforts to reduce and eliminate emissions across its global ecosystem, adding carbon credits to the Sustainability Exchange resource hub.

News

Amazon Launches Dedicated Marketplace for Ireland

Amazon has officially launched the Amazon.ie platform, bringing customers in Ireland direct access to over 200 million products at great prices in Euro, with fast and hassle-free delivery and easy returns.

News

Amazon & Santander Visa Credit Card Launches for Austrian Customers

Joint financial product from Santander and Amazon is already available for amazon.de customers in Austria.

Science & Technology

AWS to Offer DeepSeek-R1 LLM

AWS becomes the first cloud service provider to deliver the fully managed DeepSeek-R1 LLM model as generally available within its Amazon Bedrock offering.

Science & Technology

Amazon Unveils Quantum Chip

Amazon Web Services (AWS) on Thursday, February 27, demonstrated a quantum computing chip with new technology, which the company expects will reduce by as much as five years its efforts to build a commercially useful quantum computer.

Science & Technology

Amazon Unveils Revamped Alexa

Amazon on Wednesday, February 26, unveiled the long-awaited overhaul of its Alexa digital assistant, for access to which the company will charge a monthly subscription fee.

Science & Technology

Trump Considers Tariff Retaliation Against Digital Taxes

U.S. President Donald Trump has directed the national Trade Representative to reinstate investigations into digital services taxes imposed on American technology companies by various countries.

News

AWS to End Support for Amazon Chime

Amazon Web Services (AWS) last Wednesday, February 19, informed clients that it will no longer accept new customers for its Amazon Chime collaboration solution and will stop supporting this service after a year.

News

Amazon Reportedly to Delay Updated Alexa

The media published information according to which Amazon decided to push back the release of its updated Alexa voice assistant.

News

Amazon Reportedly to Introduce GenAI-Powered Alexa in February

The media published information according to which this month Amazon will introduce a new version of its voice assistant Alexa.

Finance & Economics

Amazon Reports Earnings

Amazon, the e-commerce giant that became one of the largest players in the global technology sector over time, on Thursday, February 6, published information on the financial performance of its activities for the fourth quarter of last year.