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Amazon News

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Latest Amazon News

Amazon walks away from Sam Altman movie before OpenAI IPO - 1
News
Read more - Amazon walks away from Sam Altman movie before OpenAI IPO

Amazon walks away from Sam Altman movie before OpenAI IPO

Amazon has withdrawn from distributing the Sam Altman biopic “Artificial” as OpenAI moves closer to a potential public listing. According to a report from Puck, Amazon has stepped away from the high-profile film project despite continuing discussions with the filmmakers…
Amazon
News
Read more - Amazon secures $17.5B Citibank loan as AI spending plans grow

Amazon secures $17.5B Citibank loan as AI spending plans grow

Amazon has secured a $17.5 billion delayed draw term loan facility from Citibank and other banks. The company disclosed the senior unsecured agreement in a June 10 filing with the Securities and Exchange Commission. The financing gives Amazon extra borrowing…
Amazon
News
Read more - Amazon trucking push sends freight carrier stocks lower

Amazon trucking push sends freight carrier stocks lower

Amazon has expanded its trucking service to businesses beyond its own logistics network. The move sent shares of several major freight carriers lower on Wednesday. The company will now offer less-than-truckload shipping to businesses across the United States. Amazon opens…
Amazon
News
Read more - Amazon signs Corning fiber deal to expand U.S. data centers

Amazon signs Corning fiber deal to expand U.S. data centers

Amazon has signed a multi-year agreement with Corning to secure optical fiber for its expanding U.S. data center network. The companies said Monday that the deal will create 1,000 jobs at Corning’s North Carolina factories.  Corning will supply fiber optic…
Coinbase x402 powers Amazon's AI agent payments - 2
News
Read more - Coinbase x402 powers Amazon’s AI agent payments

Coinbase x402 powers Amazon’s AI agent payments

Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input.…
Pentagon signs Nvidia, Microsoft, AWS for classified AI programs.
News
Read more - Pentagon signs Nvidia, Microsoft, AWS for classified AI programs

Pentagon signs Nvidia, Microsoft, AWS for classified AI programs

The U.S. Department of Defense has expanded its push into artificial intelligence, securing fresh agreements with several major technology firms to deploy advanced AI systems across classified military networks. According to a report released Friday, Nvidia, Microsoft, Reflection AI, and…
Google’s AI bets pay off while Meta faces investor skepticism.
News
Read more - Google’s AI bets pay off while Meta faces investor skepticism

Google’s AI bets pay off while Meta faces investor skepticism

Alphabet Inc., the parent company of Google, is starting to show measurable gains from its AI investments, while Meta Platforms Inc. is still working to convince investors that its heavy spending will pay off. The updates came within minutes of…
OpenAI taps Amazon cloud to scale AI agents as Microsoft ties loosen.
News
Read more - OpenAI taps Amazon cloud to scale AI agents as Microsoft ties loosen

OpenAI taps Amazon cloud to scale AI agents as Microsoft ties loosen

OpenAI is expanding access to its generative AI models by bringing them onto Amazon Web Services, a move that follows closely on the heels of a revised agreement with Microsoft that loosens earlier exclusivity around cloud usage. According to reports,…
Amazon doubles down on AI with $5 billion Anthropic deal
News
Read more - Amazon doubles down on AI with $5 billion Anthropic deal

Amazon doubles down on AI with $5 billion Anthropic deal

Amazon has confirmed a new $5 billion investment in Anthropic this Monday to deepen its ties with the startup behind the Claude artificial intelligence models, as demand for AI infrastructure continues to rise. According to a recent report, the latest…
stocks trading apple amazon
News
Read more - XBO.com launches tokenized stocks trading

XBO.com launches tokenized stocks trading

XBO.com has launched tokenized stocks on its Spot Trading platform, allowing users to buy and sell global equities, such as Apple, Tesla, and Amazon, using crypto.
Web3 technologies allow sectors like finance, identity, and AI to coordinate securely across independent networks.
Opinion
Read more - When centralization becomes a single point of failure: What the AWS outage means for web3 | Opinion

When centralization becomes a single point of failure: What the AWS outage means for web3 | Opinion

Web3 technologies allow sectors like finance, identity, and AI to coordinate securely across independent networks.
Bitcoin is having its IPO phase.
Exclusive
Read more - What does Bitcoin’s silent IPO tell us about its price

What does Bitcoin’s silent IPO tell us about its price

Financial analyst Jordi Visser’s Substack essay “Bitcoin’s Silent IPO” argues that Bitcoin’s sideways trend mirrors an IPO phase, what does it mean? What is “Bitcoin’s silent IPO?” Before bringing up the Bitcoin IPO concept, Visser states that the market sentiment…
Bitcoin BTC Bitcoin
data web3 centralization
News
Read more - Data centralization is a curse. Arkiv wants to break the spell.

Data centralization is a curse. Arkiv wants to break the spell.

After the recent 15-hour AWS outage exposed the risks of centralized data control, Arkiv is emerging as a new decentralized data layer that blends web2 usability with web3 security.
Image representing AI, which is in news due to the OpenAI and Amazon cloud compute deal
News
Read more - OpenAI signs $38b cloud deal with Amazon to power AI models

OpenAI signs $38b cloud deal with Amazon to power AI models

AWS will power OpenAI’s next-generation models in $38 deal as the AI firm moves beyond Microsoft.
An Image Showing Nasdaq
News
Read more - S&P 500, Nasdaq gain as Apple and Amazon soar on earnings

S&P 500, Nasdaq gain as Apple and Amazon soar on earnings

US stocks opened higher on Friday,with S&P 500 and Nasdaq Composite posting decent gains as Wall Street cheered strong earnings results from Big Tech giants Apple (AAPL) and Amazon (AMZN). Stocks closed lower on Thursday as risk assets shed gains…
Zora price reversal: ZORA drops 33% as whale accumulation signals potential bullish turnaround
Markets
Read more - Zora price reversal: ZORA drops 33% as whale accumulation signals potential bullish turnaround

Zora price reversal: ZORA drops 33% as whale accumulation signals potential bullish turnaround

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