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The Latest Breaking News from Amazon Web Services

Amazon Stock Tanks As AWS Misses Whisper Number: 'I Don't Know What's Wrong With It,' Says Gene Munster

Amazon.com Inc. (NASDAQ:AMZN) delivered a strong second quarter but missed expectations on cloud growth, sending shares tumbling and prompting concern from analysts over Amazon Web Services’ momentum.

Benzinga

US Tech Titan Earnings Rise On AI As Economy Roils

Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs.

International Business Times

Amazon fails to calm tariff worries with worse-than-expected financial outlook

Tech giant reported generally positive revenue numbers, but may not meet expectations on its operating income

The Guardian - US

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UK regulator says Microsoft and Amazon’s cloud dominance hurts competition

The UK authority found that Microsoft and Amazon Web Services have a significant share of the cloud computing market.

Euronews

Amazon's AI-Powered AWS, Efficiency Gains, And Consumer Demand Fuel Bullish Q2 Outlook

Amazon.com (NASDAQ:AMZN) is poised to potentially outperform market expectations in its July 31 second-quarter earnings report, driven by a combination of robust U.S. retail sales, advantageous foreign exchange rates, and accelerating demand for its artificial intelligence-related services through Amazon Web Services (AWS).

Benzinga

Tech News (July 14–July 18): China Cuts US Debt, Fed Signals Rate Shift, Netflix And TSMC Lead Earnings Beat; Meta-AWS Push AI

A whirlwind week in consumer tech saw blockbuster earnings, bold AI moves, legal battles, and fresh economic signals reshaping the industry's outlook.

Benzinga

Amazon Slashes Roles In AWS Cloud Unit As CEO Andy Jassy Says AI Will Reduce The Need For Certain Roles: Report

Amazon.com Inc. (NASDAQ:AMZN) has reportedly laid off several employees within its Amazon Web Services (AWS) cloud division, as the company continues to restructure amid the growing impact of generative artificial intelligence.

Benzinga

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Amazon's AWS has joined the AI agent craze. Now the real work of showing Fortune 500 companies how to actually use them begins

Amazon's unveiling of the Agentcore AI platform this week might not be the hard part.

Fortune

Meta, AWS Roll Out $6 Million Startup Program To Counter OpenAI, Make Llama The Go-To AI Model For Builders

Meta Platforms Inc. (NASDAQ:META) and Amazon Web Services are launching a $6 million initiative to attract 30 U.S. startups to build AI applications using Meta’s open-source Llama model, positioning the partnership as a strategic counter to OpenAI‘s closed-source dominance.

Benzinga

From book sales to cloud market dominance: 30 years of Amazon have come and gone in a flash

Amazon officially launched on July 16th 1995, and has since grown into a true tech industry behemoth.

TechRadar

Amazon Web Services CEO Matt Garman talks about why the company lagged rivals in AI—until now

Also: All the news and watercooler chat from Fortune.

Fortune

As Prime Day Sales Fall, Should You Sell Amazon Stock or Stay the Course?

Spread over four days this year, is an initial dip in Prime Day sales a cause for worry?

Barchart

AI Robots Fill In For Weed Killers And Farm Hands

Oblivious to the punishing midday heat, a wheeled robot powered by the sun and infused with artificial intelligence carefully combs a cotton field in California, plucking out weeds.

International Business Times

Sports addict? Here’s how AI is bringing you closer to every second of action

“The future of entertainment is multi-dimensional, it's highly personalised and it's extremely interactive,” Samira Panah Bakhtiar, General Manager of Media & Entertainment, Games, and Sports at Amazon Web Services, told Euronews.

Euronews

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Fortune

Exclusive: Metropolis appoints new CFO as AI company nears $5 billion valuation

Lookman Olusanya is a Square, Google Cloud, and AWS alum.

MarketBeat

Alphabet’s Comeback: The Hidden Engines Powering Google

Alphabet’s growing diversification across core services, cloud computing, and moonshot ventures positions it for long-term strength despite recent challenges.

Fortune

Google advertising exec oversees rapid change

Vidhya Srinivasan led Amazon Web Services' first cloud data centers launches before taking on a pivotal transformation at Google.

Fortune

Andy Jassy is the perfect Amazon CEO for the gen-AI cost-cutting era

The Amazon chief's public memo about AI's impact on the workforce raises numerous questions. But there's one clear takeaway if you've been paying attention to the company.

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AAP

Amazon to inject $20b into Australian 'AI revolution'

Tech giant Amazon is expanding its footprint in Australia with a $20 billion investment to boost data centres with a focus on artificial intelligence.

Barchart

Amazon’s Secretive ‘Project Greenland’ Was an AI Success. Should You Buy AMZN Stock Now?

Amazon has quietly solved the GPU shortage plaguing Big Tech through a bold internal initiative, positioning it to lead the next phase of AI and cloud innovation.

TechRadar

AWS joins Microsoft in pausing data center projects - is AI demand falling off?

Amazon Web Services will be pausing some colocation negotiations, but its VP says AI demand is still strong.

Fortune

Binance among crypto exchanges hit by Amazon Web Services outage

“All services are starting to recover and resume,” Binance said on X.

Tom’s Guide

X was down again — live updates on major outage

X is down again after having a rough day yesterday.

The Guardian - UK

Google’s parent to buy cybersecurity group Wiz in its biggest ever deal

Alphabet’s acquisition of Israeli startup for $32bn follows rejection of takeover bid last summer

Fortune

Amazon announces its first quantum computing chip

Amazon Web Services has unveiled Ocelot, its first quantum computing chip, which aims to tackle one of the biggest barriers in the field: error correction.

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