Amazon’s Potential US$50b OpenAI Deal And What It Means For Investors

Amazon.com (NasdaqGS:AMZN) is reportedly in advanced talks to invest up to US$50b in OpenAI. The potential deal would be part ...
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Amazon aims to replace over half a million US jobs with robots: report

Amazon is planning to replace more than half a million jobs in the US with robots, according to a new report. Warehouse automation will enable the e-commerce giant to avoid hiring over 600,000 people ...
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Bath & Body Works launches authorised Amazon US store

The US personal care and home fragrance retailer said consumers can now purchase a selected range of its body care and home fragrance products through Amazon.
Food

Amazon retreats in grocery with Fresh and Go closures across the US and UK

Online mega-retailer Amazon once again is retooling its plan to disrupt the brick-and-mortar grocery industry with the announcement Tuesday that it will close all of its Amazon Fresh grocery stores ...