Amazon

Amazon
Appeals Court Overturns Ban on Perplexity AI Shopping Agents on Amazon
August 04, 2026

A U.S. appeals court overturned a March ruling that temporarily barred Perplexity’s artificial intelligence-powered agentic shopping tools from accessing Amazon’s platform, Reuters reported Tuesday (Aug. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Amazon
Amazon’s AI Business Helps It Top $3 Trillion Market Cap
August 03, 2026

Amazon joined several of its fellow tech giants in the $3 trillion club, Reuters reported Monday (Aug. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

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Amazon Puts AI Agents to Work as Sales Top $200 Billion
July 30, 2026

On Amazon’s first-quarter earnings call, CEO Andy Jassy described agentic artificial intelligence as a work in progress. Well, progress has been made. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Amazon Contends With Unplanned Overspending on AI
July 30, 2026

Amazon has reportedly uncovered instances of “catastrophically expensive” cost overruns caused by errors in AI deployment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Amazon Mounts AI Reorganization Following Layoffs 
July 28, 2026

Amazon is reportedly phasing out several in-house artificial intelligence (AI) models in a larger AI overhaul. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

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Amazon Revamping Prime Video to Spotlight AI
July 23, 2026

Amazon’s founder reportedly sees Prime Video as the place to tout the company’s AI efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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Amazon Trims AGI Team to Focus on Core Initiatives
July 22, 2026

Amazon has cut jobs in its artificial general intelligence (AGI) group, Reuters reported Wednesday (July 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

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Amazon to Begin Consumer Internet Service Later This Year
July 02, 2026

Amazon has enough satellites in orbit to begin rolling out Amazon Leo, the company’s broadband service, Bloomberg reported Thursday (July 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

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AWS Spending Billions on Public Cloud and AI Efforts
June 30, 2026

Amazon has announced several multi-billion dollar cloud/artificial intelligence (AI)-focused public sector initiatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...