Amazon Web Services

Amazon and Walmart are gearing up to launch their own stablecoins—potentially reshaping how billions flow across global commerce. With regulatory clarity finally on the horizon, these retail giants could bypass banks, slash fees, and put blockchain at the heart of everyday payments.

Amazon is investing $20 billion in Pennsylvania to boost AI development and an additional $10 billion in North Carolina to expand data centers—advancing its strategy to scale AI and cloud services across key US regions.

Amazon made headlines on Wednesday by announcing a $10 billion investment to build new data centers in North Carolina.

A major outage at Amazon Web Services (AWS) jolted the crypto industry on April 15, disrupting operations at leading centralized exchanges such as Binance, KuCoin, as well as several prominent wallet providers.

After its attempts to convert Amazon and Microsoft, The National center for Public Policy Research is now coming for one of the biggest tech giants out there, Meta. But just like many of the other tech companies out there, Meta is saying no to the think-tank's proposal as this might harbour too much of a risk for the company in the long run.

Anthropic's AI model will integrate with Palantir's classified data system through AWS, granting US intelligence and defense agencies access to Claude 3 and 3.5. This partnership enables secure, flexible use of Claude within Palantir’s AI Platform, enhancing its role in national security efforts.

Meta will share its open-source AI with the US and allies to maintain a “technological edge” over China. In partnership with tech giants like Microsoft and Amazon, Meta aims to strengthen national security and global tech resilience.

Amazon just recently launched App Studio, a service that uses GenAI to open app development to an entirely new set of builders – technical professionals without software development skills, like IT project managers and enterprise architects.

AWS expands free credits program to cover AI model costs, aiming to bolster Bedrock's market share. Investment in Anthropic strengthens ties, reflecting commitment to startup ecosystem. Regulatory scrutiny grows amid competition with Azure and Google Cloud.

Investors anticipate insights from Apple (AAPL), Amazon (AMZN), and Meta (META) earnings. Focus on iPhone demand, holiday season performance, and ad strategy. Positive pre-earnings trading signals optimism.