BUSINESSFINANCIAL TIMES WORLD
Amazon wins as India allows foreign money into consumer ecommerce
Amazon benefits as India permits foreign investment in consumer ecommerce. OpenAI achieves its first legal victory.
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Adjacent reporting
- Amazon is now the biggest foreign investor in India’s AI sector
- Amazon pledges additional $13bn in India AI investment
- OpenAI ends Microsoft legal peril over its $50B Amazon deal
- Amazon adds new funding, lifting India AI and cloud investment to $48 billion
- Amazon, Meta join fight to end Google Pay, PhonePe dominance in India