The Business Times

Amazon

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

UPS reported profits of US$1.3 billion in the third quarter, down 14.8 per cent from the year-ago level.
Companies & Markets

UPS deepens job cuts to 48,000 on reduced Amazon deliveries

Amazon has been trimming smaller numbers of jobs over the past two years across multiple divisions, including devices, communications and podcasting.
Global Enterprise

Amazon to cut 14,000 jobs across corporate workforce

FILE PHOTO: An electric Rivian truck purchased by Amazon is pictured working on delivery from the Amazon facility in Poway, California, U.S., November 16, 2022. REUTERS/Sandy Huffaker/File Photo
Companies & Markets

Amazon to invest US$1.6 billion in Dutch operation

Garena could fire Sea towards US$1t market cap dream, but Shopee growth plans weigh on near-term sentiment
Companies & Markets

Garena could fire Sea towards US$1t market cap dream, but Shopee growth plans weigh on near-term sentiment

Called Help Me Decide, it will automatically appear at the top of a product detail page after shoppers have looked at several similar items, suggesting they need help.
International

Amazon launches new AI shopping tool in US for the indecisive

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