Amazon Unveils $35 bn India Investment Plan to Supercharge AI, Logistics, and Job Growth by 2030

Amazon has announced a sweeping plan to invest $35 billion in India by 2030, deepening its commitment to one of its most strategically important international markets. This investment builds on the $40 billion already deployed since the company’s India entry in 2010. The fresh infusion of capital is intended to advance Amazon’s artificial intelligence systems, …

Prolonged Federal Shutdown May Cost US Economy Up to $14 bn, CBO Warns

The ongoing federal government shutdown could reduce US economic output by as much as $14 billion, according to an assessment by the Congressional Budget Office (CBO). The nonpartisan agency projected that the lapse in government funding could lower gross domestic product by up to 2% during the fourth quarter of the year. As of October …

The Inflation Reduction Act – A Welcome Change for the Average American?

Aiming to reduce the deficits and lower inflation, President Biden signed the Inflation Reduction Act on 16 August 2022. The bill proposes reduced healthcare and drug expenses and investment in domestic energy production to battle climate change. Essentially a scaled-down rendition of the Build Back Better Act proposed in 2021, President Joe Biden calls it …

SAP and Apple determined to help clients in developing Business Applications

SAP and Apple will help customers to fabricate their autonomous portable business applications, Reuters highlighted on Tuesday. Apple will utilize its ML innovation to do advancement. The new advancement, with AR, will assist customers with using iPhones or iPads to complete business errands, for example, fixing apparatus and stocking racks absolutely. Two years back, SAP …