The most affordable Kindle Scribe is finally on sale at $429.99, and Amazon has also launched the new Story So Far AI reading feature on all modern Kindles.
Amazon has agreed to a $17.5 billion delayed-draw term loan led by Citigroup, the latest in a borrowing spree fuelled by its race to build AI infrastructure. The cash is available through the end of September. Each draw has a three-year repayment windo…
As AI spending continues to climb, the e-commerce giant has taken out a fresh $17.5 billion loan from a small coterie of banks.
Amazon has launched a new feature for its Echo and Echo Kids smart speakers called Sleep Studio that’s designed to make the daily transition to bedtime more enticing for kids and less stressful for parents and caregivers. The feature uses a combination of bedtime stories, relaxing sounds, and guided meditations along with scheduling and customization […]
Amazon is deepening its UK investment, putting more than £1bn into two sites in Northamptonshire and adding over 4,000 jobs in one of the largest single-county commitments of its £40bn UK programme. The company has opened a £500M fulfilment centre in N…
On Tuesday, the Seattle City Council will vote on whether to enact a one-year moratorium on new data centers – just two months after several companies proposed building five large-scale centers in the city. Among the moratorium’s fiercest supporters are current employees from the city’s biggest tech giant, Amazon, who joined others to testify in […]
Cipher Digital is raising $810 million from a junk-bond sale to finance a data centre in West Texas that Amazon will lease for 15 years, according to Bloomberg. The deal, pitched at a yield of about 6.25 per cent, will fund the remaining construction c…
The Federal Communications Commission has freed Amazon from a requirement to deploy the first 1,616 satellites in its Amazon Leo broadband constellation by 30 July, issuing a conditional waiver instead of the two-year extension Amazon requested in Janu…
Amazon is expanding its print-on-demand features to AI-generated designs created using Alexa for Shopping for products like T-shirts, water bottles, and hoodies. Shoppers can use text prompts to generate images that are then printed on to blanks for sale on Amazon. They can then share the link to the design so other people can buy […]