Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion cloud computing deal with OpenAI.
OpenAI has committed to buying billions of dollars worth of compute from AWS—the latest in a string of major deals brokered by the AI startup.
Investors were worried AWS was falling behind in AI. A new growth trajectory has restored confidence in Amazon’s cloud ...
The AWS outage dealt a massive blow to companies worldwide. To understand the full effects, Cybernews spoke to engineering experts who were directly impacted.
Investor's Business Daily on MSN
Amazon Stock Surges As AWS Delivers The AI Cloud Growth Investors Wanted
Amazon AMZN stock surged Friday after the tech behemoth reported stronger-than-expected third-quarter results. A strong ...
“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...
The layoffs offer an early look at the possibly broad effects of AI on workforces. Amazon CEO Andy Jassy flagged the ...
Morning Overview on MSN
Amazon explains what caused the AWS web crash
On October 20, 2025, the digital world experienced a significant disruption when a major outage in Amazon’s Web Services (AWS ...
It’s the second major internet outage in as many weeks, and comes just before Microsoft’s quarterly earnings call ...
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence.
Amazon will lay off tens of thousands of office workers as the e-commerce and tech giant trims costs amid ramped-up ...
On Oct. 27, CNBC and Reuters, citing anonymous sources, reported that Amazon would be cutting up to 30,000 corporate jobs. Here's what we know about the cuts: According to the memo, the layoffs impact ...
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