Amazon.com News - March 2026

OpenAI hits $852B valuation, raising record $122B to fuel AI growth
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OpenAI hits $852B valuation, raising record $122B to fuel AI growth

OpenAI closed a record-breaking $122 billion funding round. This investment establishes a new post-money valuation of $852 billion. Amazon anchored the round...

Amazon Slides Below $200, Hit by $200B AI Spending Concerns
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Amazon Slides Below $200, Hit by $200B AI Spending Concerns

Amazon.com stock closed at $199.34 on March 27, 2026. The share price fell 3.95% from its previous level of $207.54. This decline outpaced the S&P 500 amid a...

Amazon AWS Bahrain disrupted, drone activity marks second monthly incident
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Amazon AWS Bahrain disrupted, drone activity marks second monthly incident

Amazon Web Services (AWS) reported a second disruption to its Bahrain cloud region this month. Drone activity linked to ongoing conflict in the Middle East...

SpaceX Targets 2026 IPO, Facing Starship Delays and Starlink Competition
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SpaceX Targets 2026 IPO, Facing Starship Delays and Starlink Competition

SpaceX navigates critical program challenges ahead of a potential 2026 IPO. The Starship rocket program faces at least two years of development delays. NASA...

Amazon develops Transformer AI smartphone, seeking comeback after Fire Phone failure
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Amazon develops Transformer AI smartphone, seeking comeback after Fire Phone failure

Amazon is developing a new smartphone codenamed Transformer. This project marks the company's first mobile market entry since the 2014 Fire Phone. The ZeroOne...

OpenAI Secures AWS Government Deal; Anthropic Eyes Private Equity Venture
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OpenAI Secures AWS Government Deal; Anthropic Eyes Private Equity Venture

OpenAI partnered with Amazon Web Services (AWS) to sell AI models to U.S. government agencies. The deal covers both classified and unclassified federal work...

Microsoft Weighs Lawsuit Against OpenAI and Amazon Over Exclusive Cloud Breach
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Microsoft Weighs Lawsuit Against OpenAI and Amazon Over Exclusive Cloud Breach

Microsoft is reportedly considering legal action against OpenAI and Amazon over a potential breach of their exclusive cloud partnership. The dispute centers on...

Amazon to slash USPS shipments by two-thirds, expanding its own logistics
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Amazon to slash USPS shipments by two-thirds, expanding its own logistics

Amazon plans to reduce its USPS package volume by at least two-thirds this fall. This reduction coincides with the expiration of the company's current shipping...

Amazon Doubles AWS Revenue Forecast to $600B, Citing AI Growth
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Amazon Doubles AWS Revenue Forecast to $600B, Citing AI Growth

Amazon CEO Andy Jassy projected $600 billion in annual revenue for Amazon Web Services by 2036. This new target doubles a previous 10-year estimate of $300...

Amazon Launches 1-Hour Delivery Nationwide, Escalating Retail Competition
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Amazon Launches 1-Hour Delivery Nationwide, Escalating Retail Competition

Amazon launched new one-hour and three-hour delivery options across the United States. The three-hour service is available in more than 2,000 cities and towns....

Amazon Sells Record €14.5B in Bonds, Funding Massive AI Infrastructure Pivot
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Amazon Sells Record €14.5B in Bonds, Funding Massive AI Infrastructure Pivot

Amazon.com Inc. completed a record-breaking €14.5 billion ($16.8 billion) bond sale. This transaction marks the largest corporate issuance in euros to date....

Amazon Scales AI with Cerebras Chips and Nationwide Health Assistant
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Amazon Scales AI with Cerebras Chips and Nationwide Health Assistant

Amazon Web Services (AWS) is partnering with Cerebras Systems to deploy advanced AI inference chips in its data centers. AWS is the first major cloud provider...

Amazon’s Zoox to Launch Driverless Robotaxis on Uber App in First Third-Party Deal
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Amazon’s Zoox to Launch Driverless Robotaxis on Uber App in First Third-Party Deal

Amazon’s self-driving unit Zoox formed a strategic partnership with Uber to offer autonomous robotaxi rides. The collaboration integrates Zoox’s purpose-built,...

Amazon Secures OpenAI Exclusivity with $50B Investment; Anduril Projects $4.3B Sales Amid $1B Loss
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Amazon Secures OpenAI Exclusivity with $50B Investment; Anduril Projects $4.3B Sales Amid $1B Loss

Amazon and OpenAI announced a strategic partnership featuring a $50 billion investment. The deal includes an initial $15 billion commitment. An additional $35...

Amazon's Online Store Hit By Widespread Technical Outage
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Amazon's Online Store Hit By Widespread Technical Outage

Amazon's online retail platform suffered a widespread outage on March 5. The disruption continued into the early hours of March 6. Users could not access...

Amazon and Tech Giants to Pay Higher Power Rates to Shield Consumers from AI Costs
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Amazon and Tech Giants to Pay Higher Power Rates to Shield Consumers from AI Costs

Amazon, Microsoft, Google, and Meta have entered a voluntary agreement with the Trump administration to prevent AI data center energy demands from increasing...

AWS Warns of Prolonged Outages After Drone Strikes Hit Middle East Data Centers
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AWS Warns of Prolonged Outages After Drone Strikes Hit Middle East Data Centers

Amazon Web Services (AWS) confirmed drone strikes damaged three data centers in the Middle East. Drones directly struck two facilities in the United Arab...

AWS Data Centers in UAE and Bahrain Face Outages Following Iranian Strikes and Fire
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AWS Data Centers in UAE and Bahrain Face Outages Following Iranian Strikes and Fire

Amazon Web Services (AWS) is experiencing significant connectivity disruptions at its data centers in Bahrain and the United Arab Emirates. The outages...