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Amazon Pledges Record $48 Billion in India Investment as CEO Andy Jassy Meets PM Modi

  • June 27, 2026
  • 0

Amazon’s chief executive reaffirmed the commitment during a bilateral meeting at the Prime Minister’s Office in New Delhi highlighting cloud AI and logistics expansion.

  • Fact Check

FactCheck.org Scrutinises Trump’s $500 Billion Prescription Drug Savings Claim Finding It Is Largely Aspirational

  • June 27, 2026
  • 0

Independent healthcare economists found the claimed savings were mostly projections and conditions rather than actual reductions in drug prices.

  • Business

Alphabet Sheds $270 Billion in Market Value After Four Senior AI Researchers Depart

  • June 27, 2026
  • 0

Google’s parent company suffered its largest weekly talent loss in AI history as four AlphaFold contributors joined Anthropic within six days.

  • Business

EU’s 800 Billion Euro Defence Spending Surge Begins Showing Results in Naples

  • June 27, 2026
  • 0

The European Union’s historic rearmament investment is producing tangible industrial output with new contracts awarded to Italian defence firms.

  • Business

Venezuela Earthquake Causes $6.7 Billion in Direct Damage Says UN Estimate

  • June 27, 2026
  • 0

The United Nations released a preliminary figure estimating direct economic losses from the June 24 double earthquake across northern Venezuela.

  • Technology & AI

SpaceX Signs $6.3 Billion Reflection AI Deal for Colossus Computing Infrastructure

  • June 26, 2026
  • 0

SpaceX secures its fourth major Colossus compute deal cementing the platform as a key AI training infrastructure provider.

  • Technology & AI

Amazon Commits $21 Billion for AI and Cloud Infrastructure in India by 2030 as Part of $48 Billion Total Pledge

  • June 26, 2026
  • 0

India-focused AI infrastructure investment from Amazon includes data centres compute and cloud services targeting the expanding digital economy.

  • International

White House Requests $87.6 Billion in Supplemental Funds Mostly for the US War on Iran

  • June 26, 2026
  • 0

Request is down from Hegseth’s March proposal of $200B but still dwarfs military spending at the height of Iraq and Afghanistan occupations.

  • Fact Check

Prescription Drug Savings of $500 Billion Touted by Trump Are Largely Aspirational Not Realized

  • June 26, 2026
  • 0

Fact-checkers find only limited actual drug pricing actions have been implemented making the $500 billion figure misleading.

  • Business

India’s E-Commerce Exports to Hit $80 Billion Milestone by 2030 Amazon Commits to Enabling This

  • June 26, 2026
  • 0

Amazon pledges to help Indian sellers access global markets as part of $48 billion investment pledge with PM Modi.

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