Keywords: Amazon


Zoox Receives Regulatory Approval to Expand Its Autonomous Robotaxi Fleet

Zoox, the autonomous vehicle company owned by Amazon, has received regulatory approval in the United States to significantly expand the deployment of its self-driving robotaxi fleet. The decision marks an important milestone for the company as it seeks to strengthen its position in the rapidly evolving......

Amazon rally lifts Nasdaq futures despite Apple sell-off on supply concerns

U.S. stock index futures moved higher on Friday, with the Nasdaq 100 leading gains as a strong rally in Amazon helped offset a sharp decline in Apple following contrasting earnings updates from the two technology giants. The divergent market reaction illustrates how investors continue to differentiate......

Amazon's Zoox secures historic US approval for steering-wheel-free robotaxis

Amazon-owned Zoox has achieved a landmark breakthrough in the autonomous mobility sector after receiving the first U.S. regulatory approval to commercially operate paid robotaxis built without a steering wheel or traditional driver controls. The decision represents a major step toward the commercialization......

Amazon and Walmart AI tools detect false ‘Made in USA’ claims but fail to act, study finds

A new study has raised concerns over the role of artificial intelligence in online retail, finding that shopping assistants used by Amazon and Walmart can identify potentially misleading “Made in USA” claims but are not being deployed to prevent questionable product listings from reaching......

AI infrastructure spending drives hyperscalers to record bond issuance as borrowing costs climb

America's largest technology companies are turning increasingly to the bond market to finance massive investments in artificial intelligence infrastructure, even as investors demand higher yields to absorb the surge in corporate debt issuance. A Reuters analysis of LSEG data shows that Amazon, Alphabet,......

Amazon expands its space ambitions with plans for more than 5,000 satellites

Amazon is strengthening its ambitions in the satellite communications sector as its subsidiary, Amazon Leo, seeks regulatory approval to deploy a large constellation designed to provide direct connectivity to smartphones. The company has submitted an application to the US Federal Communications Commission......

Amazon cuts jobs in AI division as it reshapes investment priorities

Amazon is restructuring parts of its artificial intelligence operations, reducing staff within its artificial general intelligence division as the technology sector becomes increasingly competitive and companies reassess how they allocate resources. The company said the workforce changes are part of......

Amazon prepares AI-focused Prime Video overhaul under Jeff Bezos’ leadership

Amazon is preparing a major redesign of its Prime Video streaming platform, placing artificial intelligence at the heart of the user experience in an effort to demonstrate the company’s growing technological capabilities. The initiative, internally known as “Lighthouse,” is being driven......

Amazon reduces workforce in artificial general intelligence division amid ongoing restructuring

Amazon has reduced staffing within its artificial general intelligence (AGI) division, extending a series of targeted workforce adjustments as the technology company continues to refine its investment strategy in one of the industry's most competitive fields. The latest job cuts affect a team dedicated......