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ANDY JASSY
Amazon shares surge 13% as cloud growth eases AI spending fearsAmazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the compan...- Zepto defers its IPO; Urban Company slips into the redZepto has decided to pause its IPO amid pricing concerns. This and more in today's ETtech Top 5.
- Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...
- Amazon Now in nine countries, has recorded 80% growth in units sold QoQ: Andy JassyDuring his India visit in June, Jassy announced that Amazon will expand Amazon Now, which offers delivery in 10 minutes in India, to 300 ci...
- Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
- Flipkart's Kalyan Krishnamurthy rules out IPO timeline, plays down quick commerce as a separate businessFlipkart, which flipped back its domicile to India from Singapore in March, was preparing to tap the domestic capital market, according to ...
- Amazon AWS executive and CEO advisor Dave Brown to leave after 19 yearsHe is leaving for another job, according to a memo from AWS CEO Matt Garman, who did not provide specifics. He was most recently leading ...
- BigBasket trims footprint as new CEO takes on profitability mandateBigBasket's new chief executive Amit Nanda, a former Amazon India executive, has been tasked with making the business profitable amid inten...
- Put both eggs in one basket: Why merging Amazon and Tata's quick commerce business is a now or never ideaA combination could help both survive hypercompetition among more than half a dozen rivals, improve relevance, reach and range. The synergi...
- Amazon, Flipkart spark quick commerce price war as Blinkit, Instamart hold the lineIndia’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swig...
- Amazon open to acquisitions in India, says CEO Andy JassyAsked whether Amazon would consider acquisitions in the quick commerce space and whether it might invest in homegrown AI companies such as ...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- Amazon will look at acquisitions, continue to work with govt on expanding AI capabilities: Andy Jassy, CEOAmazon is significantly boosting its India investment, committing an additional $48 billion by 2030, bringing the total to nearly $90 billi...
- Amazon CEO meets Modi; Delhivery investors cash outAmazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETte...
- Amazon CEO Andy Jassy visits India; to meet PM Modi on ThursdayThe visit comes as Amazon sharpens its focus on quick commerce in the country. The company announced that it is expanding its 10-minute del...
- Amazon's record USD 48 billion investment shows growing interest across the world to invest in India, says PM ModiAmazon is set to invest a record $48 billion in India between 2026 and 2030, with over $21 billion earmarked for AI and cloud infrastructur...
- Amazon CEO Andy Jassy meets PM Modi; announces plans to invest $48 billion in India by 2030Amazon CEO Andy Jassy met PM Narendra Modi, announcing a significant $13 billion investment to bolster AI and cloud infrastructure in India...
- Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
- Maharashtra CM meets Amazon CEO, invites company to invest in data centres, healthcareMaharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy, urging investment in the state's data centres, healthcare, and AI-d...
- Amazon CEO in India Now; Hyderabad’s growing spacetech orbitAmazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech...
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