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YOU WONT BELIEVE: 4 | Mind Blowing Facts

Amazon and Microsoft are spending $400 billion on AI—and investors are low on patience

Days after Wall Street punished Alphabet for its unbridled spending on AI infrastructure, the world’s two leading cloud giants are set to provide the latest update on their long-running rivalry.

Amazon Stock Just Hit a Major Hurdle Ahead of Earnings

Amazon Stock Just Hit a Major Hurdle Ahead of Earnings

A Senate investigation has created fresh uncertainty for Amazon just days before earnings, but Wall Street remains focused on AWS growth and AI investments.

10 Best MongoDB Alternatives for 2026

MongoDB remains a strong choice for applications that need flexible schemas and document-based storage. However, it can become less effective when teams begin running large aggregations, real-time dashboards, product analytics, or high-volume time-series queries.

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Amazon Trims Its Artificial General Intelligence Team. Think of It as a Reset, Not a Pullback.

Amazon is cutting jobs as part of an internal reorganization in order to focus resources on higher-priority AI projects. Meanwhile, it continues to invest heavily in models, cloud infrastructure, and custom chips.

AMD’s 256-core Epyc 9996 ‘Venice’ claims up to a 3.4x jump over Intel Xeon competition, 20% over Nvidia Vera – Zen 6 comes with up to 1024MB of L3, 16-channel memory, and 5GHz+ clock speeds

After over a year of teases, AMD has finally provided details on its 256-core Venice CPU with the Zen 6 architecture, now known as the Epyc 9996.

Tom’s Hardware

Amazon Layoffs Continue: Team Behind Its Top AI Models Hit by Job Cuts

Amazon's AGI team faces layoffs amid a $200B AI push, signaling shifts in its AI focus ahead of Q2 results. Explore the impact on Amazon's AI ambitions and workforce.

International Business Times UK

Meta’s Latest AWS Hire Makes Wedbush Bullish on Its Cloud Ambitions. How to Play META Stock Here.

Dave Brown was with Amazon for close to two decades and is now on his way to Meta to bolster its AI and cloud plans.

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Iran Claims Cruise Missile Strike On Amazon Data Infrastructure In Bahrain

Iran's IRGC claimed it struck an Amazon data center in Bahrain, but Bahraini officials said they intercepted the attack. AWS has not confirmed any damage, and AWS dashboards indicate no change in service levels.

International Business Times

Amazon data center in Bahrain struck and destroyed by Iranian cruise missiles, state media claims — attacks launched against AWS site in response to alleged US strikes on an under-construction nuclear plant

Amazon data center in Bahrain struck and destroyed by Iranian cruise missiles, state media claims — attacks launched against AWS site in response to alleged US strikes on an under-construction nuclear plant

The Amazon site has suffered multiple hits since the start of the U.S. bombing campaign in Iran. The IRGC claims to have 'destroyed' AWB Bahrain, but the company has moved operations off the facility since early April.

Tom’s Hardware

Oracle Is One Step From Junk—Can It Afford the AI Boom?

Oracle Is One Step From Junk—Can It Afford the AI Boom?

S&P cut Oracle's credit rating to BBB- on AI spending and OpenAI concentration risk, highlighting a widening financial gap versus Microsoft, Alphabet and Amazon in funding AI buildouts.

Microsoft vs. Amazon: 1 AI Giant Is the Better Buy Ahead of Earnings

Microsoft vs. Amazon: 1 AI Giant Is the Better Buy Ahead of Earnings

Microsoft and Amazon enter earnings season with AI at the center of their growth stories, but one stock appears better positioned for the long term.

Amazon’s AI Spending Is About to Face Its Most Important AWS Test Yet

Amazon’s AI Spending Is About to Face Its Most Important AWS Test Yet

Ahead of Amazon's July 30 earnings, TD Cowen expects AWS growth to accelerate to 35.5% and retail sales to strengthen, key tests for whether its AI spending is paying off.

Meta Just Poached a Top AWS Executive. Here’s What It Means for META Stock.

Meta Just Poached a Top AWS Executive. Here’s What It Means for META Stock.

Meta recruits a top Amazon executive as it expands into the cloud business.

'My soul left my body': customers see bills in the billions after AWS billing system goes haywire — but don't go emptying your bank accounts

'My soul left my body': customers see bills in the billions after AWS billing system goes haywire — but don't go emptying your bank accounts

An Amazon AWS billing system accidentally told some customers they owed billions of dollars, but a fix is on the way.

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The Guardian - UK

Amazon Web Services customers receive bills for up to $1.5tn after global glitch

One UK man whose bill is usually less than £1 says he ‘almost had a heart attack’ when he saw £5.8bn invoice

Tom’s Hardware

Robot vacuum flaw lets one stolen certificate run root commands on other Shark robovacs in the same AWS region — unpatched flaw exposes live camera feeds, stored home maps, and Wi-Fi credentials (Updated)

The problem is an over-permissive AWS IoT policy.

Investors Are Undervaluing Amazon Stock After the SpaceX IPO. Its Space Business Is Definitely Worth More Than $0.

Amazon's Leo satellite business has signed Apple, Delta, and JetBlue. AMZN stock is getting almost no credit for it.

International Business Times UK

AI Layoffs Backfire: Companies That Fired Workers Are Now Paying More to Rehire Them

Many companies are reversing AI-driven job cuts, finding technology cannot replace human skills like judgement and empathy, leading to rehiring and strategic shifts in workforce management.

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Bahrain EDB’s CEO H.E. Noor is doubling down on growth amid mounting regional headwinds

As Gulf states compete through scale and headline-grabbing mega-projects, Bahrain EDB’s CEO H.E. Noor is pursuing a different path—leveraging regulatory innovation, specialist sectors, and strategic partnerships to position the kingdom as the region's agile investment hub.

SpaceX and Amazon are tech doppelgangers worth $4.5 trillion—and they're headed for a collision

Elon Musk’s space-and-AI company lost $4.9 billion last year and trades at 97 times sales. Investors need a lot to go right.

Amazon Is Spending So Much on AI That Even Its Cash Isn’t Enough. Why Investors Shouldn’t Be Worried.

Amazon's new bond offering shows AI is an expensive game to play. Amazon wants to win at all costs.

Amazon’s $25 Billion AI Gamble Is Building Its Next Trillion-Dollar Business

Amazon is raising $25 billion to accelerate its AI expansion, as Wall Street weighs whether the spending will drive the company's next wave of long-term growth.

Evening Standard

UK to regulate cloud service providers to protect financial system

The move is designed to protect the country’s financial system and make sure they have measures in place to support outages or disruption.

I can't get Netflix to run smoothly in my house — but NASA just sent a 4K video stream from the Moon, thanks to AWS

First-ever 4K video stream from the Moon to Earth represents major milestone, uses 260Mbps laser optics.

Amazon’s $25 billion ‘surprise’ bond sale dangled extra yield to lure in buyers—and flashed a warning sign about the AI boom

Hyperscalers have sold an estimated $194 billion in AI-related bonds this year, and widening spreads on Amazon’s latest bond issuance show the market wants tech giants to pony up.

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