Swiggy

Amazon to Invest $13B in India's AI Infrastructure

Amazon announced a $13 billion investment to expand its AI and cloud footprint in India through 2030, funding additional Amazon Web Services data center capacity in Mumbai and Hyderabad. The commitment, unveiled after CEO Andy Jassy met Prime Minister Narendra Modi, brings Amazon’s total pledged investment in India to $48 billion following previous multi‑year commitments in 2023 and December 2025. The move follows similar large commitments from other global tech firms and institutional investors as India positions itself as a hub for AI compute with supportive policy incentives such as tax exemptions for cloud workloads. Amazon is also expanding retail and logistics operations in India, including new fulfillment centers, last‑mile delivery stations and a wider roll‑out of its Amazon Now quick‑commerce service.

MoEngage Acquires Aampe for 1:1 Agentic Decisioning

MoEngage announced on June 24, 2026 that it has acquired San Francisco–headquartered Aampe, an AI infrastructure company that provisions a dedicated, autonomous AI agent for each individual customer. The acquisition integrates Aampe’s reinforcement-learning, per-user agent technology natively into MoEngage, aligning with MoEngage’s Merlin AI investments to deliver 1:1 personalization at scale. Aampe’s privacy-centric architecture stores no personally identifiable information and relies on anonymized behavioural patterns. Aampe’s founding team (Paul Meinshausen, Schaun Wheeler and Sami Abboud) will join MoEngage to lead Agentic Decisioning initiatives. Aampe’s agents are already in production at brands including Taxfix, ZenBusiness, Grab and Swiggy; the platform reportedly runs hundreds of millions of agents and processes more than 200 billion decisions weekly.

MoEngage Acquires Aampe to Scale AI Agents

India-based customer engagement platform MoEngage has acquired San Francisco startup Aampe in an all-cash deal aimed at embedding per-customer AI agents into marketing workflows. Financial terms were not disclosed; a source told TechCrunch the deal was worth "tens of millions" of dollars. Aampe, founded in 2020, builds software that assigns a dedicated AI agent to each customer to personalize messaging based on individual behaviour; the startup has more than 30 customers across the U.S., Europe and APAC and saw annual recurring revenue grow 150% year-over-year, MoEngage CEO Raviteja Dodda said. About 20 Aampe employees will join MoEngage, bringing the combined company's headcount to roughly 820. MoEngage — which raised $280 million in late 2025 — expects the acquisition to help win enterprise customers migrating from Salesforce Marketing Cloud and Adobe Experience Cloud.