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The Latest Breaking News from Amazon Web Services

The AI race isn’t about models, it’s about infrastructure—and the U.S. is still far ahead

So long as the U.S. controls the underlying infrastructure that enables AI ecosystems, it will stay dominant.

Fortune

Anthropic's Claude to infer, process data locally on Indian servers for local customers

Anthropic will offer its Claude AI service to Indian customers through local Amazon Web Services servers. This move addresses a key demand from Indian organisations for in-country data processing capabilities. Claude's availability within India marks a significant step for enterprise AI adoption across various sectors. Indian IT leaders are integrating…

The Economic Times

Wall Street Is Rewarding AI Results, Not Just AI Spending

The market is buying CEO Andy Jassy's spending plan for Amazon.

Barchart

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AMZN Stock Soars 12% in Pre-Market Trading After Blowout Q2 Results as Analyst Says Amazon Is Already 'Monetizing' Its AI Investments

Amazon.com, Inc. (NASDAQ:AMZN) shares surged over 12% in Friday’s pre-market trading after the e-commerce and cloud-computing giant reported stronger-than-expected second-quarter results.

Benzinga

Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'

Amazon.com, Inc. (NASDAQ:AMZN) shares jumped Thursday after the company delivered stronger-than-expected second-quarter earnings, with investors and analysts praising accelerating Amazon Web Services profitability as evidence that returns on artificial intelligence investments are beginning to materialize.

Benzinga

US stocks: Amazon beats estimates for quarterly cloud revenue growth

Amazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterprise artificial intelligence spending. Rivals Microsoft and Alphabet's Google also reported solid cloud revenue growth. Amazon's e-commerce business saw increased activity during its Prime Day event. The company's investments in AI infrastructure are…

The Economic Times

Amazon and Microsoft are spending $400 billion on AI—and investors are low on patience

Days after Wall Street punished Alphabet for its unbridled spending on AI infrastructure, the world’s two leading cloud giants are set to provide the latest update on their long-running rivalry.

Fortune

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Amazon Trims Its Artificial General Intelligence Team. Think of It as a Reset, Not a Pullback.

Amazon is cutting jobs as part of an internal reorganization in order to focus resources on higher-priority AI projects. Meanwhile, it continues to invest heavily in models, cloud infrastructure, and custom chips.

Barchart

Pennsylvania families sell 1,700 acres for $586 million; AI data center boom helps one couple earn over $22 million for their 89-acre hog farm

The AI data center boom has transformed a quiet Pennsylvania farming community into a real estate hotspot. As 96 families sold 1,700 acres for a combined $586 million to a Blackstone-backed developer, one couple received more than $22 million for their 89-acre hog farm. The life-changing deal helped them clear…

The Times of India

Iran Claims Cruise Missile Strike On Amazon Data Infrastructure In Bahrain

Iran's IRGC claimed it struck an Amazon data center in Bahrain, but Bahraini officials said they intercepted the attack. AWS has not confirmed any damage, and AWS dashboards indicate no change in service levels.

International Business Times

Amazon Web Services customers receive bills for up to $1.5tn after global glitch

One UK man whose bill is usually less than £1 says he ‘almost had a heart attack’ when he saw £5.8bn invoice

The Guardian - UK

AI Layoffs Backfire: Companies That Fired Workers Are Now Paying More to Rehire Them

Many companies are reversing AI-driven job cuts, finding technology cannot replace human skills like judgement and empathy, leading to rehiring and strategic shifts in workforce management.

International Business Times UK

Bahrain EDB’s CEO H.E. Noor is doubling down on growth amid mounting regional headwinds

As Gulf states compete through scale and headline-grabbing mega-projects, Bahrain EDB’s CEO H.E. Noor is pursuing a different path—leveraging regulatory innovation, specialist sectors, and strategic partnerships to position the kingdom as the region's agile investment hub.

Fortune

Banking Outages Put Big Tech in the Spotlight: UK Targets Amazon, Microsoft, Google, and Oracle

The UK's new oversight regime impacts Amazon, Microsoft, Google, and Oracle, ensuring resilience in banking and financial services. Learn the key implications under the Financial Services and Markets Act 2023.

International Business Times UK

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MarketBeat

Amazon’s New Debt Deal Puts Its AI Spending Story on Trial

Amazon sold $25 billion in bonds to fund a $200 billion 2026 AI infrastructure push, even as weaker bond demand and rising insider stock sales signal investor caution.

International Business Times

Nvidia's Next AI Rack Hit A Manufacturing Snag. The Company's Fastest Product Cycle Just Slowed Down.

Nvidia's next-generation Kyber NVL144 rack-scale AI system has reportedly been delayed by more than a year after manufacturing challenges emerged with a critical component.

Euronews

The AI boom propping up markets could trigger the next crash, central banks warn

The vast surge of investment in AI, which has powered global stock markets to record highs, risks ending in a financial bust, the Bank for International Settlements warns, as the build-up’s hidden costs begin to surface in company accounts and consumer prices alike.

Fortune

AWS CEO says replacing young employees with AI is 'one of the dumbest ideas'—and bad for business: 'At some point the whole thing explodes on itself'

Amazon laid off 14,000 employees last fall, but CEO Andy Jassy denied the reductions were related to AI.

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The Economic Times

OpenAI spices things up with Jalapeno chips: Why the Sam Altman-led AI startup is building its own processors

OpenAI said it designed the chip from scratch in nine months. Broadcom handled silicon implementation, networking, and connectivity, while Celestica developed the physical computing hardware of the chip, including its circuit board, hardware frame, and system integration.

Euronews

Brussels tightens rules on US cloud providers as it pushes for tech sovereignty

The European Commission has decided that Microsoft Azure and Amazon Web Services should face strict rules to improve cloud competition. The move risks angering Washington as Brussels pushes the European tech sovereignty agenda.

Fortune

‘Wipe out and change are different': Amazon exec slams AI job apocalypse fears as he hires thousands of Gen Z grads

Matt Garman, CEO of Amazon Web Services, is rejecting predictions of an entry-level job bloodbath, as he hires thousands of Gen Z talent.

The Economic Times

A new bunch of AI spin-offs ripe for the picking

Indian tech unicorns are transforming their internal AI tools into independent businesses, mirroring successes like Amazon Web Services and Slack. Companies such as NoBroker, Moglix, Apna, and Practo are leveraging years of accumulated data and domain expertise to launch AI-powered platforms. This strategic pivot capitalizes on the current AI wave,…

The Economic Times

ArcelorMittal partners with AWS to automate global operations

Steel giant ArcelorMittal is joining forces with Amazon Web Services (AWS) to revolutionize its global operations. By integrating AWS's cloud and AI capabilities, the company aims to enhance safety, improve asset reliability, and boost energy efficiency across its manufacturing processes. This strategic partnership will leverage advanced technologies like industrial IoT…

France 24

VivaTech 2026: Rebuilding business models with AI

What role will artificial intelligence play in business development and daily life? It’s one of the questions dominating this year's VivaTech, Europe's biggest event focused on startups and innovation. Our Business Editor Kate Moody sat down with Julia White, Vice President and Chief Marketing Officer of Amazon Web Services, to…

The Economic Times

Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEO

Allbirds is now Smartbird. The company has a new president and CEO, Nadia Carlsten. Smartbird is shifting focus to AI infrastructure and cloud computing. This move follows a significant surge in its share price. The company aims to provide AI infrastructure as a managed service. It is in discussions with…

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