OpenAI raises $110 billion from Amazon, Nvidia, Softbank at post-money valuation of $840 billionThis is the largest funding round for any AI startup to date. Led by Amazon, with participation from Nvidia and SoftBank, the deal undersco...
27 Feb, 2026, 11.57 PM IST
Amazon's $50 billion OpenAI investment may depend on IPO or AGI milestone: ReportAmazon's plan to invest up to $50 billion in OpenAI could depend on whether the AI developer goes public or achieves artificial general ...
26 Feb, 2026, 03.32 PM IST
Microsoft AI chief Mustafa Suleyman predicts widespread white-collar job automation within 12-18 monthsSuleyman predicted that creating customised AI models will soon be as simple as launching a blog or podcast today. Within two to three year...
13 Feb, 2026, 01.02 PM IST
Who is Rohit Prasad, Amazon AI executive set to exit the company after 12 years? All about Ranchi BIT Mesra graduateRohit Prasad Amazon: Amazon's artificial general intelligence chief Rohit Prasad is set to depart from the company after 12 long years. Pra...
18 Dec, 2025, 01.09 PM IST
Amazon shakes up AI team as veteran Prasad leaves, DeSantis promotedAmazon is reshaping its AI leadership as it pushes harder to compete with major tech rivals. Veteran cloud chief Peter DeSantis will overse...
18 Dec, 2025, 07.52 AM IST
Rise of the machines: From AI to AGI to the uncharted realm of SuperintelligenceAI’s rise to fame in the mainstream happened with OpenAI’s GPT-3 launch in 2020, which became a benchmark for large language models and qui...
13 Dec, 2025, 11.01 AM IST
Why are Microsoft shares rising today, has OpenAI anything to do with it? Here's the latestMicrosoft shares went up after a new deal with OpenAI. The agreement makes their AI and cloud partnership stronger and gives both companies...
28 Oct, 2025, 10.27 PM IST
Amazon's massive layoffs; Founders cash in IPOAmazon will cut tens of thousands of corporate roles in a major workforce reshuffle. This and more in today's ETtech Top 5.
28 Oct, 2025, 09.05 PM IST
Amazon loses VP helping lead development of artificial general intelligenceRamakrishnan worked on the first iteration of Amazon's Alexa voice assistant and the associated Echo devices. He began his career at Netsca...
26 Sep, 2025, 10.34 PM IST
Zuckerberg’s ‘Fantastic 50’: World’s 2nd richest man is hiring elite coders with million-dollar offers to build the most powerful AI brainMark Zuckerberg is spearheading Meta's ambitious pursuit of artificial general intelligence (AGI) by forming a dedicated superintelligence ...
11 Jun, 2025, 03.55 PM IST
The Times and Amazon announce an AI licensing dealAmazon's use of editorial content from the Times could extend to the Alexa software found on its smart speakers. In some instances, excerpt...
30 May, 2025, 08.30 AM IST
Sergey Brin pushes Google’s AI team to the limit, says 60-hour workweeks are the sweet spot to win the AGI raceGoogle co-founder Sergey Brin has encouraged the AI team to work 60 hours a week to win the race to artificial general intelligence. He emp...
02 Mar, 2025, 01.23 AM IST
FTC seeking details on Amazon deal with AI startup AdeptThe FTC is investigating Amazon’s hiring of Adept's David Luan amid AI competition with Google and Microsoft, following a January inquiry. ...
16 Jul, 2024, 08.48 PM IST
Amazon lures cofounders from startup Adept to bolster AI effortsCollaborating with Rohit Prasad, I contribute to Amazon's AI advancements under CEO Andy Jassy's leadership. The tech industry closely watc...
29 Jun, 2024, 09.26 AM IST
Inside Appario Retail’s change of plans; Dealshare loses two cofoundersIn a strategic shift, Amazon India is seeking a new joint venture partner for its leading seller, Appario Retail, to ensure its operations ...
24 Nov, 2023, 09.26 AM IST
Amazon dedicates team to train ambitious AI model codenamed 'Olympus'The model, codenamed as "Olympus", has 2 trillion parameters, the people said, which could make it one of the largest models being trained....
08 Nov, 2023, 02.34 PM IST
Amazon has a plan to make Alexa mimic anyone's voiceThe online retailer is developing a system to let Alexa mimic any voice after hearing less than a minute of audio, said Rohit Prasad, an Am...
23 Jun, 2022, 07.57 AM IST