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Amazon prepares first ever sterling bond sale as AI funding needs grow
WorldBusiness

UK Plans £1 Billion Tax Crackdown on Online Marketplaces Ahead of Budget

The United Kingdom government is preparing to tighten tax rules for online marketplaces such as Amazon, eBay and Temu, in a move expected...

Amazon prepares first ever sterling bond sale as AI funding needs grow
BusinessTechnology

Amazon Reshuffles Alexa Leadership as It Expands AI Powered Devices

Amazon has announced leadership changes in its Alexa division as it expands the voice assistant’s role in its devices and services business. Daniel...

Boston Dynamics Names Former Amazon AI Executive Rohit Prasad as CEO
TechnologyBusiness

Boston Dynamics Names Former Amazon AI Executive Rohit Prasad as CEO

Boston Dynamics has appointed former Amazon AI executive Rohit Prasad as its new chief executive officer, placing an AI veteran at the helm...

Anthropic Says Claude Now Leads 26% of AI Development Work
TechnologyBusiness

Anthropic’s IPO Filing Highlights the Cost of Scaling AI

Anthropic’s plans for a potential public listing are offering investors a closer look at the enormous infrastructure requirements behind its artificial intelligence business...

Apple and Amazon Face Revived UK Consumer Lawsuit Over Product Sales
TechnologyBusiness

Apple and Amazon Face Revived UK Consumer Lawsuit Over Product Sales

A UK consumer lawsuit involving Apple and Amazon has been revived, with a competition tribunal allowing part of the case concerning the sale...

Amazon Plans $3 Billion Investment to Expand Quick-Commerce Business in India
TechnologyBusiness

Amazon Plans $3 Billion Investment to Expand Quick-Commerce Business in India

Amazon plans to invest $3 billion in India’s quick-commerce business by 2030, according to two people familiar with the company’s plans, marking its...

YouTube Unveils New AI Tools and Expands Shopping Features for Creators
TechnologyBusinessEconomyWorld

YouTube Unveils New AI Tools and Expands Shopping Features for Creators

YouTube has unveiled a new range of artificial intelligence tools and shopping features as the video platform seeks to give creators more ways...

Amazon Calls for Rigorous AI Testing as AI Safety Debate Intensifies
Technology

Amazon Calls for Rigorous AI Testing as AI Safety Debate Intensifies

Amazon has entered the growing debate over artificial intelligence safety, saying AI models should be released only after rigorous testing and the introduction...