The Latest Breaking News from Amazon Web Services

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

Amazon stock gained after the company revealed its first quantum chip, matching moves from rivals Microsoft and Google.

Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects.

The tech giant will spend $100 billion in 2025 focused on AI but said growth could face capacity constraints.

The cloud-first software industry is revolutionizing business operations with scalable and innovative solutions. Amid this backdrop, investors could grab shares of fundamentally stable cloud computing stocks ServiceNow (NOW), Adobe (ADBE), and Twilio (TWLO) for unprecedented growth. Keep reading….

With technology advancing at an unprecedented pace, keeping an eye on fundamentally strong companies like Teradata Corp. (TDC), PagerDuty (PD), and Arteris (AIP) could be a smart move. These innovators are leading the charge in the next wave of breakthroughs. Read more….

Agile software companies are leading the charge in digital transformation, offering cutting-edge tools that empower industries to thrive in the digital age. To capitalize on this trend, investors might consider adding fundamentally stable software stocks, Clear Secure (YOU), Rapid7 (RPD), and Docebo (DCBO) to their portfolios. Read more….

Meet the new shadow behind Amazon’s CEO: Alex Dunlap

Amazon will invest more than $5 billion in a data center in central Mexico, the e-commerce giant said on Tuesday, part of a push by big tech to add more storage facilities to meet the needs of AI. The director of Amazon Web Services (AWS) in Latin America, Paula Bellizia,…