Amazon's $50 billion OpenAI deal keeps the cloud giant firmly in the AI race. Here's what it means.

The deal strengthens AWS's AI offerings and may help fend off challenges from cloud rivals Microsoft and Google.

Amazon's cloud unit reports fire after objects hit UAE data center

March 1 (Reuters) - Amazon's cloud unit, AWS, said on Sunday that power to its data center in the United Arab Emirates was ...

How Amazon's massive stake in OpenAI could boost its AI and cloud businesses

The deal could ease some of Wall Street's fears about Amazon's monster $200 billion capex spending, and accelerate its ...

Amazon cloud suffers outage after ‘objects’ hit UAE data center

The company did not have an estimated time for when power would be restored to the data center. Read more at straitstimes.com ...

Amazon cloud unit beats on revenue and profit as parent company ramps up AI spending

Amazon Web Services generated $35.58 billion in revenue, according to a statement. Analysts polled by StreetAccount had ...

Amazon invests $50B in OpenAI, deepens AWS partnership with expanded $100B cloud deal

"We think they’ll be one of the big winners in AI, we can help them grow, and we believe we’ll earn a strong return for Amazon over the long term," said Amazon CEO Andy Jassy.

Is Google eating into Amazon's cloud business?

One analyst says he's feeling "a little more squirrely" about Amazon's cloud business after seeing Google's blowout cloud ...
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Amazon Stock Eyes $250 Level on 20% AWS Growth Momentum

Overview Amazon generated $716.9B in revenue and $80.0B in operating income in 2025, showing strong financial recovery.AWS ...

Amazon Cloud Disrupted After ‘Objects’ Hit UAE Data Center

AWS said the incident, which took place around 4:30 p.m. Dubai time on Sunday, impacted services from the data center in one ...