Latest Amazon News & Updates

See the latest news and media coverage for Amazon. We track all announcements, press releases, and industry mentions in real time, all in one place.

Amazon

E-commerce and cloud services company

amazon.com

Headquarters: Seattle, United States
Company type: Public company
Number of employees: 750,000+
Industry: Department Stores

Last updated Today

Latest news about Amazon

In short: Amazon overhauled its AI strategy by closing its San Francisco AGI lab, cutting jobs, and shifting focus toward Frontier Model Research.

Company announcements

July 31 Amazon

Amazon's AI chips reach $25B annual run rate

The business includes Trainium and Graviton chips, with Trainium3 offering 40% better price-performance than Trainium2. Graviton serves 98% of top EC2 customers.

July 31 Amazon

Amazon reports Q2 Ads revenue up 26% year over year

CEO Andy Jassy highlights AI tools, conversational shopping, and multi-sport streaming as key drivers.

July 31 Amazon

Amazon CEO Andy Jassy discusses Q2 Stores growth and innovation

He highlights record delivery speeds, grocery expansion, and AI shopping assistant growth.

July 30 Amazon

Amazon announced second quarter financial results

Net sales reached $200.6 billion, operating income $27.5 billion, and AWS grew 37%.

Media coverage

Today MSN

S&P 500 profit growth is getting even wilder as Amazon makes its mark

Amazon is the latest Big Tech company to report abnormally large earnings growth, thanks to paper gains on Anthropic investments.

Yesterday Fortune

Amazon’s Andy Jassy sees a $1 trillion cloud built on businesses like the PGA Tour—which swapped its server trucks for AI broadcasts

AWS revenue grew 37.6% to $42.2 billion in Q2, with AI spending on Bedrock surpassing all prior quarters combined.

July 31 Financial Times

Amazon completes $50bn investment in OpenAI

Amazon invested the full $50bn despite missing milestone triggers, acquiring roughly 5% of OpenAI.

July 31 BeInCrypto

Wall Street Rushes to Raise Amazon Targets After 15% Post-Earnings Stock Surge

One number mattered most. Amazon Web Services, the company’s cloud arm, grew 36.8% to $42.2 billion. That was its fastest ...

Never miss news about Amazon

Track Amazon and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

Amazon competitors & trending companies

Browse news for competitors to Amazon and other trending companies.