Amazon on Thursday said it would invest an additional $13 billion to expand its AI and cloud footprint in India through 2030.
SpaceX could produce phenomenal returns, provided it can successfully tap into its large addressable market. Amazon has multiple avenues for growth and a strong competitive advantage.
Under the Digital Markets Act, the companies would be treated as gatekeepers for their cloud computing services and required to take extra steps to ensure they don't stifle competition.
Amazon announces fresh investment of $13 billion to expand AI and cloud infrastructure in India. CEO Andy Jassy said Amazon is committed to being a long-term partner in India's growth story.
Amazon has announced plans to invest an additional $13 billion in India to expand its artificial intelligence and cloud infrastructure, taking its total planned investment in the country to $48 billion between 2026 and 2030. The fresh commitment builds on the company's previously announced $35 billion investment across its India businesses in December 2025.
Amazon wants to automatically capture data for warehouse roles tied to $2.8 billion in labor spend. The goal is to enhance warehouse staffing efficiency.
Zoox revealed a refreshed robotaxi design that the company says will improve rider experience. The update comes as the company prepares to ramp up vehicle production at its Hayward factory.
Expand NASDAQ: AMZN Amazon Today's Change (0.05%) $0.11 Current Price $234.22 Key Data Points Market Cap $2.5T Day's Range $232.97 - $242.41 52wk Range $196.00 - $278.56 Volume 2.3M Avg Vol 45.6M Gross Margin 50.60% Amazon.com (AMZN +0.05%), global e-commerce, cloud infrastructure, and digital advertising platform giant, closed at $234.27. The stock edged higher on Prime Day demand, AI shopping activity, and analyst support for a Q2 revenue beat.Trading volume reached 67.7 million shares, coming in about 47% above its three-month average of 45.9 million shares.