Google to invest over $1 billion in OpenAI rival Anthropic
Google to Invest Over $1 Billion in OpenAI Rival Anthropic Google’s recent decision to invest over $1 billion in Anthropic, a rival of OpenAI, has sent shockwaves through the tech industry. This substantial investment not only demonstrates Google’s financial prowess…
AFP partnership strengthens Mistral’s global reach
AFP Partnership Strengthens Mistral’s Global Reach Mistral, a key player in the Artificial Intelligence (AI) market, has recently announced a strategic partnership with AFP, marking a significant milestone in its journey towards global expansion. This collaboration not only solidifies Mistral’s…
Amazon Enhances Buy with Prime for a Holiday Shopping Boom
As the holiday season approaches, Amazon is gearing up for the Cyber 5— a crucial five-day shopping period that starts on Thanksgiving Day and runs through Cyber Monday. With an impressive 25% increase year-over-year in the number of direct-to-consumer brands…
Amazon India Relocates Headquarters to Optimize Costs
Amazon India is making significant changes as it relocates its corporate headquarters from the opulent World Trade Centre (WTC) in northwest Bengaluru to a more cost-effective site. This strategic move aims to not only cut costs but also optimize operational…
ASEAN-6 MSMEs boost e-commerce exports with Amazon help
Micro, small, and medium-sized enterprises (MSMEs) in the ASEAN-6 region are set to experience significant growth in their e-commerce exports, thanks to the support of Amazon Global Selling (AGS). A recent report from AGS revealed that the B2C e-commerce export…
India’s Enforcement Directorate Targets Amazon and Flipkart Sellers
In a significant move that has garnered attention within the e-commerce sector, India’s Enforcement Directorate (ED) has launched a series of raids against several sellers tied to major platforms Amazon and Flipkart. This investigation stems from allegations of violations of…
Amazon in Talks for Strategic Investment in AI Startup Anthropic
Amazon is reportedly negotiating for a substantial second investment in Anthropic, an artificial intelligence startup. This potential investment comes on the heels of Amazon’s previous commitment of $4 billion made in 2023. By reinforcing its financial support, Amazon aims to…
