Amazon.com Inc (AMZN)
Amazon Web Services data centres in the Middle East hit by Iran strikes
Amazon.com Inc has said two Amazon Web Services data centres in the United Arab Emirates were hit by drone strikes, with another facility in Bahrain damaged by a nearby attack, as Iran retaliated to the strikes by the US and Israel. Joint US and Israeli strikes on Iran started over the weekend, resulting in the reported death of Supreme Leader Ayatollah Ali Khamenei, with Iran's response including missile and drone attacks across the region.
Amazon Taps OpenAI to Boost AI Footprint: More Upside Ahead?
Amazon.com AMZN made a significant move to deepen its AI footprint recently, announcing a multi-year strategic partnership with OpenAI alongside a commitment to invest up to $50 billion in the ChatGPT-maker. The initial tranche of $15 billion will be followed by an additional $35 billion contingent on certain conditions being met.
Amazon: I Bought The Recent Sell-Off
Amazon (AMZN) remains one of my favorite businesses, driven by enduring customer value and operational excellence. The recent 12% stock price drop post-earnings is a gift from Mr Market investors should capitalize on. I remain enthusiastic about AMZN's intensive CAPEX, especially in its cloud business, viewing it as a strategic strength.
Wall Street Breakfast Podcast: Tech Drags Futures Lower
Tech sector faces sharp declines, with Nasdaq 100 futures down 2.3% and chip stocks plunging after a major selloff in South Korea's KOSPI index. Amazon Web Services suffered significant infrastructure damage in UAE and Bahrain due to drone strikes, impairing service availability and prolonging recovery.
Amazon says drone strikes damaged 3 facilities in UAE and Bahrain
Amazon Web Services said Monday that two of its data centers in the United Arab Emirates were "directly struck" by drones. A facility in Bahrain was also taken offline after it was damaged by a nearby drone strike.
Amazon says 3 data centers damaged by drone strikes in Middle East
Amazon said three of its data centers in the Middle East were damaged by drone strikes due to the US-Iran conflict in the region. Two facilities in the United Arab Emirates sustained direct hits, while a third facility in Bahrain was damaged by a drone strike "in close proximity," the company said in an update on its AWS cloud service dashboard on Monday afternoon.
Amazon's cloud unit says drone strikes damaged UAE and Bahrain facilities
Amazon's cloud unit AWS said on Monday its facilities in the UAE and Bahrain were impacted by drone strikes amid the Middle East conflict.
Amazon data center unit acquires George Washington University Virginia campus
Amazon unit Amazon Data Services is acquiring George Washington University's Virginia Science and Technology campus for $427 million, the university said on Monday.
Amazon Pledges Nearly $40 Billion to Expand AI Data-Center Infrastructure in Spain
It is the latest commitment from the tech company as it seeks to cash in on unrelenting demand for artificial intelligence.
Amazon's $50 billion OpenAI deal keeps the cloud giant firmly in the AI race. Here's what it means.
Amazon invests $50 billion in OpenAI, boosting its position in the AI industry. The OpenAI partnership enhances AWS's Bedrock services.
Amazon to invest additional $21 billion in Spain for data centres, AI
Amazon said on Monday it would invest an additional 18 billion euros ($21 billion) in Spain to expand its data centres and boost AI innovation, bringing its total investment in the country to 33.7 billion euros.
One of Amazon's data centers in the UAE caught fire after being hit by 'objects' amid the Middle East conflict
Amazon Web Services had a power outage at one of its facilities in the United Arab Emirates on Sunday. The fire was caused by "objects" that impacted the facility at around 7:30 a.m.
