"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.

The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.

Facing backlash over rising prices for electricity, President Trump announced his administration is working with tech companies to sign pledges to pay more.

AWS has removed its legal protections for customers using its video transcoding and streaming services, potentially exposing them to patent infringement claims from codec rights holders. The change ...

Every conversation I have with enterprise leaders today carries an unmistakable urgency about AI transformation. The economics have changed, possibilities have expanded dramatically, and the pressure ...

The FT's sources claim that one particular 13-hour interruption in December of last year was caused by the agentic tool deciding that the best course of action was to "delete and recreate the ...

IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code tools can accelerate refactoring of apps written in ...

Amazon issued an unusually pointed rebuttal to a Financial Times report that its AI coding tools caused AWS outages, calling one key claim "entirely false." ...

Design-first and Bugfix workflows add flexibility to Kiro’s spec-heavy model, but analysts are split on whether the changes will result in increased adoption.

Giant Indian industrial conglomerate Adani has said it will spend up to $100 billion on AI datacenters to equip the nation ...

AWS CEO Matt Garman has pushed back against fears of AI undermining traditional software companies, describing market fears as “overblown.” ...

The AI-assisted attack, which started with exposed credentials from public S3 buckets, rapidly achieved administrative privilges.