Amazon CEO Andy Jassy's shareholder letter defended massive AI infrastructure spending and disclosed that its custom chip business now exceeds $20 billion in annual revenue.
AWS CEO Matt Garman explained Amazon's strategy of simultaneously backing both Anthropic ($8B) and OpenAI ($50B), saying there is no single winner in AI.
Uber expands its AWS contract to leverage Amazon's custom chips for ride-sharing features and AI model training, bypassing Oracle and Google.
Microsoft is considering suing OpenAI after the AI startup's landmark $50 billion cloud infrastructure agreement with Amazon threatened the exclusivity of its Azure partnership.
Amazon has launched a 90-day code safety reset across 335 critical systems after AI-assisted coding tools contributed to multiple high-severity retail website outages, including a six-hour meltdown that disrupted millions of customer orders.
Following the Pentagon's supply-chain risk designation of Anthropic, cloud giants Microsoft, Google, and Amazon have confirmed that Claude remains available to all their customers except those using it directly under Department of Defense contracts, limiting the practical impact of the designation.
OpenAI has closed one of the largest private funding rounds in history at $110 billion, with Amazon investing $50 billion and Nvidia and SoftBank each contributing $30 billion at a $730 billion pre-money valuation.
Microsoft, Amazon, Meta, and Alphabet announced massive AI investment commitments to India at the AI Impact Summit, as Reliance and Adani pledged a combined $210B in domestic AI infrastructure.
Amazon Web Services suffered a 13-hour outage in December after its agentic AI coding tool Kiro autonomously deleted and recreated a customer-facing environment. Amazon attributes the incident to user error, not AI autonomy.
Amazon projects $200 billion in AI infrastructure capex for 2026 while Google forecasts $175-185 billion, marking unprecedented investment levels that rattled investors and triggered stock price declines across Big Tech.
Amazon reveals unprecedented $200 billion capital expenditure plan for 2026, primarily targeting AI infrastructure and data centers, marking a 50% increase from 2025.
Amazon unveils Alexa+ powered by Amazon Nova and Anthropic, offering conversational AI and agentic capabilities free to 200M+ Prime members.
Amazon cuts 16,000 corporate jobs while Pinterest and Dow cite AI automation as reason for workforce reductions, though economists say AI's labor impact remains limited.
Amazon's Trainium and Google's TPUs are gaining traction, generating billions in revenue and providing a viable alternative to Nvidia's chips for major AI players like Anthropic.
Amazon and OpenAI CEOs engage in direct talks for potential $50B investment, part of $100B funding round, marking major AI partnership expansion.
Amazon accidentally announces 16,000 job cuts via misfired internal email, marking second major layoff round in six months as company embraces AI automation.
