Amazon was one of several tech giants that on Wednesday beat Wall Street’s first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels. Amazon’s cloud business is the latest example. Amazon Web Services, buoyed by its role in fueling …

Amazon and Meta are among the big companies set to lobby India’s payments body over the dominance of Walmart-owned PhonePe and Google Pay in the country’s fast-growing instant payments network. Executives representing platforms including Amazon Pay, WhatsApp, CRED, MobiKwik, and Flipkart’s Super. money are scheduled to meet the National Payments …

Almost as soon as OpenAI announced that its major investor and cloud partner, Microsoft, no longer has exclusive rights to any of its products, Amazon started gloating. After the revised OpenAI/Microsoft agreement was announced on Monday, Amazon CEO Andy Jassy noted in a tweet that it was a “very interesting …

On Monday, Microsoft and OpenAI announced that they have, once again, renegotiated the deal binding the two companies. Despite some opinions on X that frame it as a victory for the ChatGPT maker over the Windows giant, both sides are walking away winners. Most importantly, the new terms solve an …

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Tesla earnings came and went, and much of it fell into the “we expected this” category. …

Amazon’s podcasting business has transformed over the past six months, according to The New York Times. Back in August 2025, the company reportedly eliminated more than 100 jobs from its podcast studio Wondery. At the time, Amazon insisted it was not shutting Wondery down, and that appears to be technically …

Nuclear startup X-energy raised $1 billion in its initial public offering yesterday, selling 44. 3 million shares for $23 each, a hefty premium above the $16 to $19 per share it was seeking. Initially, the company had hoped to raise around $800 million. The stock is expected to begin trading …

Einride is adding 75 of its electric heavy duty trucks to Amazon’s Relay freight network as part of a deal that gives the Swedish startup a toehold in the e-commerce giant’s operations. Einride will also provide charging infrastructure across five locations in the United States, under the agreement announced Tuesday. …

Anthropic announced on Monday that Amazon has agreed to invest a fresh $5 billion, bringing Amazon’s total investment in the company to $13 billion. Anthropic, for its part, has agreed to spend over $100 billion on AWS over the next 10 years, obtaining up to 5 GW of new computing …

Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between $16 and $19 per share, according to documents filed with the U. Securities and Exchange Commission. If it lists at the high end, the startup could net about $814 million. X-energy …