Amazon will issue $1.5 billion in refunds as part of an FTC settlement, with up to 35 million customers getting compensation. Will you be one of them?

The online mega-retailer has agreed to a $2.5 billion settlement. Of that amount, $1 billion is being paid in fines and penalties to the government and the remaining $1.5 billion is going back to consumers in the form of settlement payments of up to $51.

Amazon's settlement with the FTC includes agreeing to pay $2.5 billion for "tricking" customers into Prime subscriptions.

Up to $1.5 billion of a $2.5 billion FTC settlement will be used for $51 consumer refunds. The first round will be sent automatically, but you'll be able to submit a claim for the second round.

Perplexity says Amazon is "bullying" it over the agentic AI web browser Comet and its access to Amazon's storefront.

OpenAI and Amazon have signed a US$38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s cloud computing services.

Amazon Web Services has signed a $38 billion deal to supply OpenAI with computing power. This includes providing access to hundreds of thousands of Nvidia graphics processing units. Bloomberg's Caroline Hyde reports.