​OpenAI is reworking its approach to artificial intelligence-driven shopping, stepping back from its earlier push into instant checkout and shifting toward an app-based retail model within ChatGPT. The move comes months after the company introduced a feature that allowed users to complete purchases directly inside the chatbot, a concept that initially attracted strong interest from major ecommerce players. Retailers such as Etsy, Walmart and Shopify had quickly aligned with the initiative,

Amazon is currently navigating two contrasting stories: massive layoffs and grand future ambitions tied to artificial intelligence. Recently, Amazon CEO Andy Jassy revealed his revised vision for Amazon Web Services (AWS), which he now believes could reach a staggering $600 billion in annual revenue, roughly Rs 55,00,000 crore. This projection has been significantly boosted by the rapid growth of AI, which Jassy sees as a game changer for AWS's future. Initially, he had anticipated AWS becomi

Anni Chen, a software engineer at Amazon, has revealed that AI toolsnow help

Amazon has initiated another round of layoffs, this time impacting its robotics division. At least 100 white-collar jobs have been affected, focusing on the team responsible for designing and managing the company's warehouse robots and automation systems. These layoffs come just two months after Amazon’s massive job cuts in January, which saw around 16,000 global positions eliminated. The layoffs are part of Amazon's broader restructuring efforts aimed at improving efficiency and

Amazon has overtaken Walmart to become the world’s largest company by annual revenue, marking a historic shift in the long-running rivalry between the two retail giants. Walmart reported revenue of $713.2 billion for its most recent fiscal year, narrowly trailing Amazon’s $716.9 billion. The development had been anticipated for months after Amazon first exceeded Walmart in quarterly sales roughly a year ago, signaling a gradual but decisive change in the competitive landscape. W

Big technology stocks traded unevenly on Monday as investors attempted to stabilize after a turbulent week that erased more than $1 trillion in combined market value across the sector. While several large-cap names posted gains on renewed optimism around artificial intelligence and cloud demand, others slipped as concerns lingered over rising capital expenditure and broader market volatility. Oracle led the advance, climbing about 9 percent after receiving an upgrade from D.A. David

Amazon shares fell sharply on Friday, sliding more than 9% after the company outlined an aggressive capital spending plan that unsettled investors already wary about the sustainability of the artificial intelligence boom. The drop added to a broader technology selloff, as market participants questioned whether escalating investments in AI infrastructure could outpace future returns and create excess capacity across the sector. The e-commerce and cloud computing group disclosed in it

United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of

​Anthropic announced plans on Wednesday to invest $50 billion in a large-scale U.S. artificial intelligence infrastructure initiative, beginning with new data center projects in Texas and New York. The company said the facilities will serve as core components of its long-term strategy to accelerate research and support enterprise clients across industries that depend on high-performance AI systems. The data centers will be developed in collaboration with Fluidstack, an AI cloud platfo

Amazon Web Services (AWS) CEO Matt Garman recently emphasized the company’s confidence in its AI investments, despite laying off 14,000 corporate employees worldwide. The cuts, which represent about 4% of Amazon’s corporate workforce, come amid efforts to streamline management and focus resources on the company’s biggest strategic bets, particularly AI. Central to Amazon’s AI push is Project Rainier, an $11 billion AI data center in Indiana, purpose-built to train and run AI

Amazon is preparing for its biggest round of corporate job cuts since 2022, with plans to eliminate up to 30,000 positions starting Tuesday. The move affects nearly 10% of its corporate workforce and follows years of smaller layoffs across divisions such as devices, HR, and operations. Sources suggest that the job cuts will impact multiple departments, including Amazon Web Services (AWS), human resources (PXT), and corporate operations. Managers have reportedly undergone training on how to co

Walmart Inc. has temporarily halted its job offers to candidates requiring H-1B work visas, according to people familiar with the company’s internal hiring policy. The decision follows the Trump administration’s recent move to impose a $100,000 application fee on new H-1B petitions — a significant shift in immigration policy that has prompted widespread reassessment among U.S. corporations employing international talent. The temporary hiring freeze primarily affects Walmart’

The Dow Jones Industrial Average surged to another record close on Tuesday, buoyed by a series of strong corporate earnings reports that reinforced investor optimism about the resilience of major U.S. companies. Gains from household names such as Coca-Cola, 3M, and General Motors helped the blue-chip index climb even as technology shares lagged, reflecting a rotation from growth stocks into more traditional sectors. The 30-stock Dow rose 218.16 points, or 0.47%, to finish at 46,924.

In today’s competitive business landscape, data has become the most valuable resource for making smart, timely decisions. Amazon Web Services (AWS) AI is helping organizations unlock the full potential of their data by providing advanced tools for analysis, automation, and prediction. From startups to large enterprises, AWS AI offers scalable and cost-effective solutions that make it easier to gain insights, improve customer engagement, and streamline ope

Landing a job at major tech companies like Amazon, Microsoft, or Meta can seem like a daunting task, especially for newcomers. However, a former software engineer who has worked at all three companies shares three key insights that helped him succeed despite not having a typical tech background. His advice focuses on practical steps that can make a big difference in your job application journey.

Tata Consultancy Services (TCS), India’s largest IT services firm, drew market attention after releasing its first quarter results for FY26 following market hours on July 10. The company reported a stronger-than-expected performance, sparking positive sentiment around the stock, which has the potential to test Rs 3,580 levels in the near term, according to analysts. TCS posted a consolidated net profit of Rs 12,760 crore for the quarter ended June 30, 2025, reflecting a 5

Nvidia has reached an unprecedented milestone by becoming the first publicly traded company in history to surpass a $4 trillion market valuation. This historic achievement, reached on Wednesday, showcases the company’s rapid ascent in the global technology landscape, driven largely by the surging demand for its artificial intelligence-focused chips. Shares of Nvidia rose by 2.5% in early trading on Wednesday, climbing by $3.97 to exceed $164 per share. This marks a staggerin

Amazon has launched a groundbreaking artificial intelligence initiative in Sunnyvale that could reshape how packages are delivered across the United States. The tech giant introduced its new Agentic AI team at Lab126, its research and development facility located at 1100 Enterprise Way in the heart of Silicon Valley. This team is focused on developing autonomous AI systems capable of making decisions and acting independently, which will significantly enhance Amazon's robotics capabilities

In the first quarter of 2025, Ford Motor Company reported earnings that surpassed Wall Street expectations, yet the automaker suspended its full-year financial guidance due to the anticipated impact of newly imposed tariffs. The company estimates that these tariffs will result in a $2.5 billion cost for the year, with a net adverse effect of approximately $1.5 billion on its adjusted earnings before interest and taxes (EBIT) . Ford's decision to withdraw its 2025 guidance r