Amazon Pulls AI Recap Video
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Ed Ludlow reports on Amazon’s view on the use of AI in the workplace.
Amazon plans to invest more than $35 billion in India by 2030 to expand its operations by boosting artificial intelligence capabilities and increasing exports, the U.S. e-commerce giant said on Wednesday,
As AI spending rises, these two Big Tech names will be best-positioned to deliver a return on investment, according to JPMorgan.
Amazon has invested $40 billion in India so far, helping small businesses digitalize their operations and enabling $20 billion in ecommerce exports.
The device, which goes on sale starting in the US Wednesday, is an extension of Amazon’s pen-enabled Kindle Scribe line that launched three years ago. It’s the first in this series with a color display, and one of only a few color-screen e-readers that Amazon has made. The 11-inch panel also makes it the largest-screen Kindle ever.
The Dbasne AI Wireless Earbuds are our latest find, and they're currently on sale for $36. Thanks to a 64% discount, you can get the $100 earbuds at a more budget-friendly price.
In the retail world, the two dominant heavyweights remain Amazon ( AMZN 0.65%) and Walmart ( WMT +2.01%). In 2025, it was Walmart whose stock outperformed, with it's shares up more than 25%, as of this writing, while Amazon shares were up modestly on the year.