Tag: #amazon
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
Amazon, Walmart Face Regulatory Heat in India
India’s expanding e-commerce market has attracted some of the world’s biggest digital retailers, but that growth has come with increasing legal and regulatory challenges....
Cloud Division Layoffs Hit ‘Specialists’ at Amazon
Amazon has laid off several hundred employees within its Amazon Web Services (AWS) division as part of an internal restructuring effort. The job cuts,...
Andy Jassy: AI to Reshape Workforce Structure
Amazon CEO Andy Jassy has told employees that generative AI will reshape the company’s workforce, potentially reducing the number of corporate roles over the...
Amazon Cuts 100 Jobs in Devices Division
Amazon has laid off approximately 100 employees in its devices and services division, the team responsible for innovations such as the Kindle, Echo smart...
Amazon to Cut 14,000 Managerial Jobs by 2025
Amazon is set to eliminate 14,000 managerial positions by early 2025 as part of an aggressive cost-cutting strategy aimed at saving between $2.1 billion...
Quantum Leap: Amazon Introduces Ocelot Chip
Amazon has introduced Ocelot, its first in-house quantum computing chip, marking a significant step in the company’s efforts to develop highly efficient quantum hardware....
DoNER, Amazon Partner to Boost Bamboo Products
The Ministry of Development of North Eastern Region (DoNER) is collaborating with Amazon and two other companies to promote Bamboo products in both domestic...
Amazon’s $230 Million Commitment to Generative AI Startups
Amazon has announced a significant commitment of up to $230 million to support startups developing generative AI-powered applications. This investment, with $80 million allocated...
