Amazon Borrows $17.5 Billion As AI Infrastructure Spending Accelerates
Amazon secured a $17.5 billion loan after a major bond sale as Big Tech debt rises to fund AI data centers and chips.
Amazon secured a $17.5 billion loan after a major bond sale as Big Tech debt rises to fund AI data centers and chips.
Amazon introduced a next-generation Proteus warehouse robot with language capabilities for worker-assigned tasks.
TechCrunch reviewed Amazon’s Bee AI wearable, noting its meeting-summary potential alongside concerns over recording and cloud-stored data.
Amazon CEO Andy Jassy said OpenAI and Anthropic have made multiyear, multigigawatt commitments to Amazon Trainium silicon.
Amazon introduced an AI-powered shopping feature that generates conversational audio answers to product questions.
Meta has secured a large share of Amazon's homegrown CPUs for AI agent tasks, signaling a shift away from GPU-only AI compute strategies.
Amazon has agreed to invest as much as $25 billion more in Anthropic, deepening ties as Anthropic commits over $100 billion to AWS cloud over a decade.
Amazon Web Services launched Amazon Bio Discovery, an agentic AI application with 40+ biology models to speed early-stage drug discovery for scientists.
OpenAI's chief revenue officer sent a four-page memo to staff outlining competitive strategy against Anthropic and a pivot toward Amazon over Microsoft.
An internal OpenAI memo highlights a growing Amazon partnership and criticizes Microsoft for restricting the company's ability to reach enterprise clients.
Meta, Amazon, and Google are financially backing next-gen nuclear projects with TerraPower, Oklo, X-energy, and Kairos Power to meet surging AI electricity demand.
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.