Amazon.com, Inc. (AMZN)
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Amazon is reportedly in talks to invest up to $50 billion in OpenAI, which could position it as the largest stakeholder in the AI company. This move may enhance Amazon's integration of AI across its platforms, reflecting a strategic pivot towards bolstering its tech capabilities. Investors should note the potential impact on Amazon's cloud services and overall competitiveness in the AI landscape.
Latest News
| Title | Published |
|---|---|
Stock market today: Dow, S&P 500, Nasdaq futures mostly slip as AMD's slide adds to AI malaise ahead of Google earnings Wall Street is seeing investors turn away from AI darlings toward safer investments after a rout in the sector led to losses across major gauges. | about 5 hours ago |
Amazon.com at Cisco AI Summit: AWS on Moving AI to Production, Scaling Agents, and Sovereign Cloud An executive from Amazon.com (NASDAQ:AMZN) took the stage at Cisco’s AI Summit to discuss what separates early-stage AI experimentation from successful production deployments, how AWS is thinking about “AI-first cloud” infrastructure, and why security, scaling, and sovereignty concerns are shaping e | about 6 hours ago |
Stock Market Today, Feb. 3: Nasdaq Tumbles 1.4% as AI Fears Grow Today, Feb. 3, 2026, Walmart’s $1 trillion milestone stands out as rising bond yields and tech weakness drag major U.S. indexes lower. | about 6 hours ago |
Amazon's AWS CEO says orbital data centers 'pretty far' from reality SAN FRANCISCO, Feb 3 (Reuters) - Amazon's top cloud computing executive said space-based data centers are "pretty far" from being a reality, even as a number of startups and the company's own founder, Jeff Bezos, have pursued the idea. The explosive growth of artificial intelligence requires vast amounts of computing power and cooling, straining the capacity of land-based data centers. | about 7 hours ago |
Software and Legal Services Get Crushed. AI Panic Hits the Market. Worries that Anthropic’s Claude is targeting the legal profession led to another software slump and broader market slide. | about 7 hours ago |
Amazon Settlement AI Layoffs And OpenAI Talks Reshape Investment Case Amazon.com (NasdaqGS:AMZN) agreed to a $309 million settlement over alleged issues with its U.S. returns and refund practices, affecting millions of customers. The company announced major layoffs that it links to efficiency gains from AI and automation across parts of its business. Amazon is in preliminary talks about a potential investment of up to $50b in OpenAI, which would be one of its largest commitments to AI to date. For a company that spans ecommerce, cloud computing, digital... | about 7 hours ago |
Nasdaq, S&P 500 Log Worst Day in 2 Weeks Amid Tech Sell-Off The Nasdaq Composite and the S&P 500 fell the most in two weeks on Tuesday as investors dumped techn | about 7 hours ago |
Stock market today: Dow, S&P 500, Nasdaq futures mostly slip as AMD's slide adds to AI malaise ahead of Google earnings
Wall Street is seeing investors turn away from AI darlings toward safer investments after a rout in the sector led to losses across major gauges.
Amazon.com at Cisco AI Summit: AWS on Moving AI to Production, Scaling Agents, and Sovereign Cloud
An executive from Amazon.com (NASDAQ:AMZN) took the stage at Cisco’s AI Summit to discuss what separates early-stage AI experimentation from successful production deployments, how AWS is thinking about “AI-first cloud” infrastructure, and why security, scaling, and sovereignty concerns are shaping e
Stock Market Today, Feb. 3: Nasdaq Tumbles 1.4% as AI Fears Grow
Today, Feb. 3, 2026, Walmart’s $1 trillion milestone stands out as rising bond yields and tech weakness drag major U.S. indexes lower.
Amazon's AWS CEO says orbital data centers 'pretty far' from reality
SAN FRANCISCO, Feb 3 (Reuters) - Amazon's top cloud computing executive said space-based data centers are "pretty far" from being a reality, even as a number of startups and the company's own founder, Jeff Bezos, have pursued the idea. The explosive growth of artificial intelligence requires vast amounts of computing power and cooling, straining the capacity of land-based data centers.
Software and Legal Services Get Crushed. AI Panic Hits the Market.
Worries that Anthropic’s Claude is targeting the legal profession led to another software slump and broader market slide.
Amazon Settlement AI Layoffs And OpenAI Talks Reshape Investment Case
Amazon.com (NasdaqGS:AMZN) agreed to a $309 million settlement over alleged issues with its U.S. returns and refund practices, affecting millions of customers. The company announced major layoffs that it links to efficiency gains from AI and automation across parts of its business. Amazon is in preliminary talks about a potential investment of up to $50b in OpenAI, which would be one of its largest commitments to AI to date. For a company that spans ecommerce, cloud computing, digital...
Nasdaq, S&P 500 Log Worst Day in 2 Weeks Amid Tech Sell-Off
The Nasdaq Composite and the S&P 500 fell the most in two weeks on Tuesday as investors dumped techn