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Amazon unveils latest warehouse robot as tech giants continue AI layoffs

Amazon unveils latest warehouse robot as tech giants continue AI layoffs

Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon has unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-powered automation is advancing as companies continue to slash their corporate workforce in AI-driven efficiencies. The tech giant’s next-generation Proteus is an … Read more

Snowflake soars 33% on earnings beat and plan to spend $6 billion on Amazon cloud

Snowflake soars 33% on earnings beat and plan to spend  billion on Amazon cloud

Sridhar Ramaswamy, CEO of Snowflake, poses in front of the company signage outside of the New York Stock Exchange on Sept. 30, 2025. NYSE Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use of the company’s custom silicon and chips for artificial intelligence. Snowflake’s … Read more

Inside India newsletter: Trump-Xi meeting could test India’s positioning as China counterweight

Inside India newsletter: Trump-Xi meeting could test India’s positioning as China counterweight

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. For more than two decades, consecutive U.S. administrations have seen India as a counterbalance to China’s growing influence in the Indo-Pacific. But the current U.S … Read more

Inside India newsletter: Social media is reshaping the world’s fastest-growing market for global brands

Inside India newsletter: Social media is reshaping the world’s fastest-growing market for global brands

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. Rising incomes and a large population base make India a key market for global consumer-focused companies. But now, celebrity endorsements and wide distribution are not … Read more

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019. Michael Short | Bloomberg | Getty Images All three top cloud infrastructure providers surpassed analyst estimates in earnings reports late Wednesday, but Google was the standout, generating its fastest growth rate on record. Google is chasing Amazon … Read more

Amazon stock dips even as earnings beat expectations with strong cloud growth

Amazon stock dips even as earnings beat expectations with strong cloud growth

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon on Wednesday posted better-than-expected earnings and revenue for the first quarter, and reported cloud sales that … Read more

OpenAI’s subtle drift from Microsoft has become an aggressive move toward Amazon

OpenAI’s subtle drift from Microsoft has become an aggressive move toward Amazon

Avishek Das | Lightrocket | Getty Images OpenAI revenue chief Denise Dresser said the AI company’s agreement on Tuesday to make its models available on Amazon had nothing to do with an announcement a day earlier that the startup had restructured its relationship with Microsoft for a second time in six months. “The two are … Read more

Tech’s hyperscalers face Wall Street for first time since U.S. Iran war sent oil prices soaring

Tech’s hyperscalers face Wall Street for first time since U.S. Iran war sent oil prices soaring

Sebastien Bozon | Afp | Getty Images The last time tech’s hyperscalers addressed Wall Street, three months ago, they announced plans to collectively spend well over half a trillion dollars this year to build out their artificial intelligence infrastructure. That was before the U.S. invaded Iran, causing oil prices to spike, and leading to a … Read more

Inside India newsletter: Small towns are powering e-commerce’s fastest-growing market, dominated by Amazon, Walmart unit

Inside India newsletter: Small towns are powering e-commerce’s fastest-growing market, dominated by Amazon, Walmart unit

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Amazon and Walmart’s Flipkart dominate India’s e‑commerce market. This week, I unpack why the U.S. giants are keen to expand in the … Read more

Friday’s big stock stories: What’s likely to move the market in the next trading session

Friday’s big stock stories: What’s likely to move the market in the next trading session

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as stocks extended their relief rally, and what’s on the radar for the next session. … Read more

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