Amazon announced plans to bolster its AWS cloud services by integrating xAI's Grok models. The company also intends to invest $20 billion in the UK in 2025 to expand its infrastructure. Additionally, Amazon launched Prime in South Africa to fuel its expansion in the African continent.
The e-commerce giant is cutting prices on thousands of items and expanding same-day delivery to compete with traditional grocery chains.
Read the full storyCEO Andy Jassy revealed Amazon's chip business has topped a $20 billion annual run rate, backed by massive $225 billion in future revenue commitments.
Amazon's satellite venture partners with Herotel to provide high-speed broadband to underserved rural communities in South Africa starting in 2027.
Amazon's cloud unit AWS introduced the Loom platform to provide a secure framework for managing autonomous AI agents in the cloud.
Amazon Web Services introduced a new gateway for Claude AI models, providing corporate clients with enhanced security, governance, and monitoring tools for deploying Anthropic's generative AI at scale.
Amazon scales its 'delivery-in-minutes' network in India while launching Park Ha Biological’s skincare brand in North America.
U.S. online spending surged 5.3% as strong demand for electronics and appliances made the first day of Prime Day the largest e-commerce day of 2026.
In a move signaling the accelerating global AI race, Amazon (AMZN) raised its planned investment in India to $48 billion between 2026 and 2030, according to a Barron's report.
Amazon kicks off its annual Prime Day this Tuesday, with analysts watching for a shift toward essential goods as a signal of household budget strain.
Amazon unveiled a $10 billion investment for a new data center campus in Missouri to expand its cloud infrastructure capacity.
Moody’s integrated its research and ratings on 600 million entities into the Amazon Quick AI assistant to streamline financial decision-making for AWS users.
Amazon Web Services plans a multi-billion dollar expansion in Missouri to meet surging AI demand, driving a 3% gain in the company's stock price.
Pinterest integrates Amazon Storefronts directly into its platform, allowing creators to monetize content through a seamless e-commerce experience.
AMZN secured a massive multi-billion-dollar supply agreement with GLW for optical fiber to support its rapidly expanding AI data center network.
The strategic partnership aims to expand fiber optic infrastructure and create 1,000 new jobs at Corning's North Carolina facilities.
Pinterest signed its largest infrastructure deal ever with Amazon Web Services, extending their strategic partnership through 2031.
Amazon has introduced its Prime subscription in South Africa for 59 rand per month, offering members faster delivery and access to media content.
Amazon has completed over a third of its 40 billion pound UK investment target for 2025-2027, signaling strong commitment to the market.
Amazon plans to integrate xAI's Grok models into AWS Bedrock, providing cloud customers with access to real-time data capabilities and expanding its competitive AI model suite.