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Amazon crosses two trillion dollars in stock market value for the first time

Amazon.com has surpassed two trillion dollars (£1.59 trillion) in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s...

Amazon launches business chatbot powered by generative AI

Tech giant Amazon has said it will launch Q, a business chatbot powered by generative artificial intelligence (AI). The announcement, made in Las Vegas at...

Amazon lays off hundreds in its Alexa division as it ploughs resources into AI

Amazon is cutting hundreds of jobs in the unit that handles its popular voice assistant Alexa as it ploughs more resources into artificial intelligence. In...

Amazon investing up to €3.75bn in AI startup Anthropic

Amazon is investing up to $4 billion (€3.75 billion) in Anthropic and taking a minority stake in the artificial intelligence (AI) startup, the two...

Amazon, Google, Meta, Microsoft and other firms agree to AI safeguards

Amazon, Google, Meta, Microsoft and other companies leading the development of artificial intelligence (AI) technology have agreed to meet a set of safeguards brokered...

Amazon to make big business changes in EU settlement

Amazon has agreed to make major changes to its business practices to settle antitrust investigations that found the ecommerce giant gave itself an unfair...

Jeff Bezos says he will give away most of his fortune

Amazon founder Jeff Bezos has said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge...

Indigenous groups mourn Amazon expert killed alongside UK journalist

Members of Brazilian indigenous groups, friends and family members have attended the funeral of Bruno Pereira, who was killed with a British journalist during...

Amazon’s Alexa could mimic the voices of dead relatives

Amazon’s Alexa could soon replicate the voices of family members – even if they are dead. The capability, unveiled at Amazon’s Re:Mars conference in Las...

Court: Amazon customers can sue over lack of toxic warnings

The California Supreme Court has upheld a ruling that allows customers to sue Amazon.com for failing to warn buyers that some products it sells...

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