Amazon
Amazon could raise $25Bn through bond sale to fund AI expansion
Amazon is preparing to raise at least $25 billion through a US dollar-denominated bond sale, making it one of the biggest corporate debt offerings of 2026, reports Bloomberg. The…
Amazon adds $13Bn more to its planned India investment with focus on AI, Data Centres
With Amazon CEO Andy Jassy currently visiting India and meeting with the country’s top entreprenuers and leaders (including Prime Minister Modi), the US giant announced $13Bn of investments,…
Amazon could start selling its in-house AI chips to external customers
Amazon is exploring a major expansion of its AI chip business. The company is considering selling its in-house AI chips to other businesses, rather than using them primarily…
Amazon debuts new AI-powered custom merch designing in the US
Amazon is going after the significantly-sized custom merchandise market, now allowing literally any user to create their custom merchandise using AI, and making it available to all of…
Amazon launches ‘Supply Chain Services’, allowing companies to use its global warehousing and delivery network
Amazon has opened up its logistics operations to outside companies, allowing them to use its global supply chain system. Through this new service, called Amazon Supply Chain Services,…
Amazon Q1’26 revenue reaches $181.5Bn and net income $30.3Bn as AWS grows by 28%
Amazon reported better-than-expected performance for the first quarter of 2026. The company posted revenue of $181.5 billion, showing about 17% year-on-year growth, while net income increased to $30.3…
Meta teams up with AWS to deploy ARM-based Graviton CPU chips for AI expansion
Meta has entered into a major long-term agreement with Amazon Web Services to significantly expand its computing infrastructure using Amazon’s in-house designed processor chips. The multi-year deal, valued…
Amazon confirms $25Bn investment in Anthropic, ties deal to $100Bn AWS commitment
Amazon is expanding its push into AI with a new deal to invest up to $25 billion in Anthropic, adding to the around $8 billion it has already…
Amazon to acquire satellite operator Globalstar in $11.57Bn deal to challenge Musk’s Starlink
Amazon has agreed to acquire satellite communications company Globalstar in a deal valued at around $11.57 billion. With this move, the e-commerce giant aims to expand into global…
Amazon rejects claims of 14,000 more job cuts in May 2026, calls reports inaccurate
Amazon has denied reports claiming that it is planning to cut around 14,000 jobs in May 2026, stating that there is no such confirmed layoff plan. The speculation…
Amazon could acquire Globalstar in $9Bn deal to challenge Musk’s Starlink
Amazon is reportedly in advanced discussions to acquire the satellite communications company Globalstar to strengthen its position in the satellite internet race. The deal – which is not…
AWS cloud operations in Bahrain reportedly disrupted after Iran-linked strike
Amazon Web Services (AWS) in Bahrain was reportedly impacted after a facility linked to its cloud infrastructure was damaged in an attack attributed to Iran. The incident caused…
Microsoft could take legal action against $50Bn OpenAI-Amazon deal
Microsoft is reportedly considering legal action against OpenAI and Amazon over a $50 billion cloud deal that could impact its existing partnership. At the center of the dispute…
AWS partners with Cerebras to bring wafer-scale AI chips with Trainium integration to the cloud
Amazon Web Services has partnered with AI chip startup Cerebras Systems to bring Cerebras’ specialized processors to Amazon’s cloud platform. The agreement will allow developers to run AI…
Amazon plans up to $42Bn bond sale, receives $126Bn in investor orders: Report
Amazon is preparing one of the largest corporate borrowing operations ever attempted in global financial markets, with plans to raise as much as $42 billion through a massive…
Amazon’s potential $50Bn OpenAI investment tied to IPO and AGI milestones: Report
Amazon is said to be in talks to invest up to $50 billion in OpenAI, but the proposed funding would be subject to specific performance-based conditions tied to…
Amazon reveals $200Bn AI investment plan after posting $21.2Bn net income in Q4 FY25
Amazon is making a long-term bet on artificial intelligence by planning around $200 billion in capital spending in 2026. The investment marks an increase of more than 50%…
Amazon could cut 16,000 corporate jobs globally as restructure continues
With Amazon facing continued pressure from growth that has steadily slowed, along with an increasingly high impact of AI-powered automation, the company is reportedly preparing to cut up…
Microsoft brings Xbox Cloud Gaming to Amazon Fire TV with console-free play
Microsoft is expanding Xbox’s footprint beyond consoles by rolling out Xbox Cloud Gaming on select Amazon Fire TVs. The update allows users to stream Xbox games directly on…
Amazon to cut 370 Jobs at Luxembourg headquarters
E-commerce behemoth Amazon is reportedly looking to cut short workforce at its European headquarters in Luxembourg by 370, extending the impact of the company’s global workforce reductions into…
Amazon is committing $35Bn to India’s AI and e-commerce growth
Amazon just made a massive bet on India’s tech and e-commerce ecosystem, committing a $35 billion investment over the coming years, with a sharp focus on AI, small…