The Business Times

Amazon

Telcos, Media & Tech

Amazon pledges up to US$50 billion to expand AI, supercomputing for US government

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol/File Photo
Companies & Markets

Amazon seeks US$12 billion from first US bond sale in three years

Nvidia, the world’s dominant chipmaker, has previously said the GAIN AI Act stands to restrict global competition for advanced chips, limiting computing power available to other countries.
Telcos, Media & Tech

Amazon, Microsoft back effort to restrict Nvidia’s exports to China: WSJ

Amazon was accused of docking unpaid time off when it orders New York employees seeking accommodations for disabilities to stay home, and then threatening to fire them for missing too much work.
Telcos, Media & Tech

Amazon sued over ‘punitive’ handling of employee absences

Each warrant will give the holder the right to subscribe for one new ordinary share in CSE Global at an exercise price of S$0.7671.
Companies & Markets

CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target; soars 6.6% to 10-year high

Millions of small and medium-sized enterprises in the region face limited credit access and fragmented payment systems, the company said.
Singapore FinTech Festival 2025Companies & Markets
Singapore FinTech Festival 2025

What’s next for SE Asia? Connecting fragmented systems for financial inclusion: Amazon

OpenAI will begin using Amazon Web Services immediately, with all planned capacity set to come online by the end of 2026 and room to expand further in 2027 and beyond.
Telcos, Media & Tech

OpenAI, Amazon strike US$38 billion agreement for ChatGPT maker to use AWS

Once seen mainly as strategic bets on a fast-moving frontier, stakes in artificial intelligence startups are now contributing sizable, if still paper, profits to some of the world’s biggest businesses – even as the technology itself is only starting to pay commercial dividends.
Technology

Alphabet, Amazon stakes in Anthropic boost profit by billions

Amazon is backing Anthropic with an investment of US$8 billion, and built the startup a massive complex of data centres and custom AWS AI chips.
Telcos, Media & Tech

Amazon reports cloud unit grew at fastest rate since 2022

AWS, long the leader in cloud services, has grappled with hard-charging rivals such as Alphabet’s Google and Oracle of late.
Telcos, Media & Tech

Amazon to invest another US$5 billion in South Korea data centres

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