Tag: $Amazon

Amazon in talks to buy AI startup Decart for around $7 billion, WSJ reports

Amazon is in talks to acquire AI startup Decart in ​a deal valued at around $7 billion, ‌the Wall Street Journal reported on Sunday, citing people familiar with the matter.

Amazon to invest $1 billion over five years in US data center communities

Amazon’s cloud computing division said on Friday it would invest more than $1 billion over the next five ​years in US communities where it has data centers and ‌vowed to tackle their impacts on electricity and water usage.

Amazon bets $3 billion on India’s fast-delivery boom, sources say

US e-commerce retailer Amazon will invest $3 billion to expand ​its India quick commerce business by 2030, two sources said, its biggest bet yet on a sector where rivals have raced ahead by ‌popularising deliveries within minutes.

Μεγάλο deal ΔΕΗ – Amazon: Δημιουργούν giga data center στη Δυτική Μακεδονία

Ένα από τα μεγαλύτερα deals που έχουν γίνει ποτέ στην Ελλάδα στον χώρο των ψηφιακών και ενεργειακών υποδομών “κλείδωσε” με τη συμφωνία της ΔΕΗ με την Amazon Web Services (AWS) για τη δημιουργία giga data center στη Δυτική Μακεδονία. 

Generac, Amazon strike $2.4 billion long-term generator supply deal

U.S. power equipment maker Generac has signed a long-term agreement ​to supply backup generators for Amazon ‌data centers, with initial deliveries expected to total about $2.4 billion in 2027 ​and 2028, a regulatory filing ​showed on Wednesday.

Qualcomm strikes AI chip deal with Amazon, offers right to buy about $4 billion in stock

Qualcomm said on Tuesday Amazon ‌could buy up to $60 billion of its AI data-center chips and related products under a long-term partnership, bolstering the chipmaker’s effort to become a major supplier of AI infrastructure.

Amazon hires banks for first ever sterling bond sale

Amazon hired banks on Tuesday for its first ever sterling bond ​sale, according to a memo seen by Reuters, ‌as hyperscalers rush to raise funding across currencies to finance the AI boom.

Amazon just tripled its order of Nvidia chips over ‘surging demand’

Amazon and Nvidia just got a lot closer. The two companies announced Wednesday an expanded partnership that includes a deal to add another 2 million Nvidia GPU chips to Amazon’s data centers.

Amazon to expand drone service to nearly 500 cities after targeting 1 million deliveries this year

Amazon said Wednesday it plans to offer drone deliveries in nearly 500 U.S. cities and towns by the end of the year, a sign of momentum for a project that’s been slow to develop since founder Jeff Bezos first laid out his vision for the service almost 13 years ago.

Amazon’s AWS posts fastest growth since 2021, citing AI and chip demand

Amazon’s cloud segment grew faster than analysts had predicted in the second quarter, with revenue increasing almost 37%, marking the strongest expansion since 2021.

Justice Department Clears Paramount’s Warner Bros. Takeover. Investors Still Have Questions.

Paramount Skydance’s planned $81 billion purchase of Warner Bros. Discovery cleared a major regulatory hurdle Friday, giving investors one less reason to worry about the deal—one of the biggest of its kind in years. But it doesn’t remove all the risk.

Corning shares jump 9% after striking deal to power Amazon AI data centers in U.S.

Amazon is paying Corning billions of dollars for optical fiber to power and connect its rapidly expanding U.S. data centers, the latest megadeal featuring two companies at the center of the artificial intelligence boom.

Amazon unveils new AI warehouse robot in $12 billion Europe push

Amazon on Thursday unveiled an upgraded ‌AI-powered mobile robot for its warehouses that can respond to conversational prompts, as part of a €10 billion ($11.6 billion) investment in its European fulfilment network.

Snowflake rockets 36% on earnings beat and plan to spend $6 billion on Amazon cloud

Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use of the company’s custom silicon and chips for artificial intelligence.

Amazon’s cloud unit reports 28% sales growth, topping estimates

Amazon Web Services recorded 28% revenue growth in the first quarter, beating analysts’ estimates, as the cloud infrastructure leader boosted its investment in Anthropic and prepared to work more closely with OpenAI.

Meta Strikes a Deal With Amazon for AI Chips. What It Means for the Stocks.

Meta Platforms (META) said Friday that it will use Amazon (AMZN) chips to power some of its artificial-intelligence computing needs. The deal looks like validation of Amazon’s in-house chip plan.

Amazon to Buy Satellite Operator Globalstar for $90 a Share in Cash or Stock

Amazon agreed to acquire satellite operator Globalstar in a deal that would boost the tech giant’s efforts to build its own satellite operation.

Amazon cloud unit’s AI revenue run rate exceeds $15 billion, CEO says

Amazon.com (AMZN) said on Thursday its cloud business’s AI revenue run rate was more than $15 billion in the ​first quarter of 2026, the company’s first disclosure of ‌direct financial returns from its artificial intelligence efforts.

Amazon Lines Up Deal to Rival SpaceX’s Starlink: Report. Why Apple Could Be a Problem.

Amazon (AMZN) is reportedly in negotiations to acquire satellite company Globalstar (GSAT). But Apple (AAPL) might pose an obstacle to a purchase that would boost the e-commerce company’s push into space.

Amazon Goes Big on OpenAI’s Record Fund Raise. ChatGPT Parent Worth $852 Billion Ahead of IPO.

OpenAI has raised $122 billion ahead of its planned initial public offering. The ChatGPT developer got its biggest backing from Amazon.com (AMZN) as it looks to lessen its dependence on Microsoft (MSFT).