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  • Amazon Pursuing $50 Billion Stake in OpenAI, Reports Say
Chemicals&Materials

Amazon Pursuing $50 Billion Stake in OpenAI, Reports Say

Feb 2, 2026 admin

Currently valued at $500 billion, OpenAI is seeking a new round of financing totaling up to $100 billion. According to The Wall Street Journal, Amazon could contribute at least $50…

Chemicals&Materials

Amazon Reaches Settlement on Returns Process, to Provide Over $1 Billion in Compensation to Consumers

Jan 28, 2026 admin

Amazon has reached a settlement in a class-action lawsuit alleging the company mishandled customer returns and refunds. The settlement is valued at over $1 billion and includes direct compensation to…

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