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Amazon inks $38 bn deal with OpenAI
Mint Chennai
|November 04, 2025
Amazon.com Inc.'s cloud unit has signed a $38 billion deal to supply a slice of OpenAI's bottomless demand for computing power. Amazon shares jumped.
The ChatGPT maker will pay Amazon Web Services for access to hundreds of thousands of Nvidia Corp. graphics processing units as part of a seven-year deal, the companies announced on Monday.
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FLERE HISTORIER FRA Mint Chennai
Mint Chennai
What went into quadrupling Jio Payments Bank's footprint
Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers for its more profitable financial products.
2 mins
November 25, 2025
Mint Chennai
British cosmetic co Lush re-enters India
British cosmetics retailer Lush, which is reentering India after close to three decades, looks to tap the fast-growing luxury segment in beauty & personal care and expects the country to be among its top 10 global markets in the next 3-5 years, its co-founder Rowena Bird said.
1 min
November 25, 2025
Mint Chennai
AI ignites the return of Bezos the inventor
‘Tm the least retired person in the world,’ Amazon founder says
4 mins
November 25, 2025
Mint Chennai
Diwali is past, but shopping season is roaring ahead
India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.
1 min
November 25, 2025
Mint Chennai
Let digital links and AI fix gaps in power grids as they go green
Digital interoperability and AI can deliver energy efficiency and resilience against transition shocks
3 mins
November 25, 2025
Mint Chennai
TCS, Wipro US patent suits worsen IT's woes
Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.
1 min
November 25, 2025
Mint Chennai
Quality control orders: Let's fix all distortions
Dropping QCOs that act as import barriers for factory inputs will help reduce costs but India should also tackle other distortive aspects of our trade policy that do the economy a disservice
2 mins
November 25, 2025
Mint Chennai
SC clears Sandesarass after ₹5,100-crore settlement deal
Court drops all criminal proceedings against Sterling Biotech promoters in a bank fraud case
3 mins
November 25, 2025
Mint Chennai
Sunteck in Dubai with ₹10,000-cr luxe project
Sunteck Realty Ltd has ventured into the Dubai property market with a ₹10,000-crore luxury project in the prime Downtown Dubai area, at a time when the city is witnessing a surge in demand for high-end properties.
1 min
November 25, 2025
Mint Chennai
Govt plans reform push in winter session
The government is preparing to push a packed reform agenda through parliament's short winter session that will start 1 December, with 15 sittings scheduled to clear major legislations tied to crucial issues, including ease of doing business, regulatory consolidation, foreign investment, and sectoral reforms.
1 mins
November 25, 2025
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