Amazon plans to raise £4.25 billion ($5.76 billion) through its first-ever sterling bond sale, exceeding its initial target as strong investor demand supports the debt offering. The move comes as major technology companies seek to diversify funding sources to finance heavy investment in artificial intelligence. The four-part deal attracted more than £12 billion in demand,
Europe may increase the launch frequency of its Ariane 6 and Vega-C rockets to meet growing demand for satellite deployments, the European Space Agency (ESA) said. ESA Director General Josef Aschbacher warned that launch demand could peak around 2030, creating a potential capacity bottleneck if preparations are not made soon. Arianespace currently expects to conduct […]
Germany has unveiled plans to at least double its domestic data centre capacity and quadruple artificial intelligence data processing by 2030, as part of a strategy to compete with leading AI hubs in the United States and China. Digital Minister Karsten Wildberger outlined measures including allocating land for new facilities, streamlining regulatory approvals, and
E-commerce giant Amazon is less likely to reopen its warehouses situated in the European country of France any time soon, as the allegation that the conglomerate has not shown any respect to the sanitary directive given by the government as part of its effort to contain the spread of Covid-19 is troubling the company based […]
Amazon founder Jeff Bezos and his wife MacKenzie had finalised a record record $36 billion divorce deal. This is reported to be the biggest divorce settlement in history. The deal left him with 75 percent of their stock in the tech giant and giving her nearly $36 billion in shares. MacKenzie agreed to gave give […]
A strategic partnership to create a kind of “industry cloud” had been agreed by Volkswagen and Amazon.com Inc. It is reported that the details regarding this will be announced soon. It is reported that unnamed sources at Volkswagen as saying Amazon would be playing an important role in helping Volkswagen to improve the productivity of […]





