Former Amazon Alexa Employee Launched Level AI with $15 Million in Funding
Level AI with its launching announced funding worth $15 million to bring next-level Artificial intelligence for its services.
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Smallcase raises $40 mn from Amazon & others
Bengaluru, 20th Aug 2021: Bengaluru-based stock management company Smallcase raises USD 40 million (about Rs 297 crore) in funding, led by Faering Capital as well as new investors Amazon, Smbhav Venture Fund, and Premji Invest. The Series C round also saw participation from existing investors, including Sequoia Capital India, Blume Ventures, Beenext, DSP Group, Arkam […]
Amazon to acquire MGM Film Studio for $8.45 Billion
eCommerce giant Amazon will acquire MGM studio for a purchase price of $8.45 billion.
Jeff Bezos will step down as CEO of Amazon
Jeff Bezos will be replaced by Andy Jassy, who runs Amazon’s cloud computing business.
AI startup Databricks Raises $1 billion from Microsoft, Google & Amazon
Databricks raises $1 billion in funding in Series G round from Microsoft, Google and Amazon Web Services.
Amazon Sends Legal Notice to Future Group over Asset Sale to Reliance Group
eCommerce giant Amazon sends a legal notice to Future Group over its asset sale to Reliance Industries.
Amazon Introduces Amazon One, a Contactless Payment via Palm
Amazon One is a fast, convenient, contactless way for people to use their palm to make everyday activities like paying at a store etc.
Reliance offer 40% stake in Reliance Retail to Amazon for $20 bn
Reliance and Amazon hold a discussion to acquire a 40 percent stake in Reliance retail worth about USD 20 billion.
Amazon Ordered 1,800 Electric Delivery Vans from Mercedes Benz
eCommerce company Amazon Ordered 1,800 Electric Delivery Vans from Mercedes Benz.
Amazon India launches Online Pharmacy in Bengaluru
Amazon India has launched Amazon Pharmacy in Bengaluru amid the COVID-19 pandemic.
Indian MSMEs on Amazon crossed $2 billion in Global Selling
eCommerce platform Amazon said Indian MSMEs and brands have crossed $2 billion in cumulative exports.
Amazon agrees to buy self-driving startup Zoox for over $1 billion
E-commerce company Amazon has agreed to pay over $1 billion to buy self-driving startup Zoox Inc.