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YOU WONT BELIEVE: Amazon web services - You Need To See This

Pennsylvania families sell 1,700 acres for $586 million; AI data center boom helps one couple earn over $22 million for their 89-acre hog farm

The AI infrastructure race has turned a quiet Pennsylvania farming community into one of the country's hottest real estate markets. As 96 families sold 1,700 acres for a combined $586 million to a Blackstone-backed data center developer, David and Marilee Kiliti received over $22 million for their 89-acre hog farm.…

The Times of India

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 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

The Guardian - UK

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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.

International Business Times UK

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.

Fortune

Banking Outages Put Big Tech in the Spotlight: UK Targets Amazon, Microsoft, Google, and Oracle

The UK's new oversight regime impacts Amazon, Microsoft, Google, and Oracle, ensuring resilience in banking and financial services. Learn the key implications under the Financial Services and Markets Act 2023.

International Business Times UK

Amazon’s New Debt Deal Puts Its AI Spending Story on Trial

Amazon sold $25 billion in bonds to fund a $200 billion 2026 AI infrastructure push, even as weaker bond demand and rising insider stock sales signal investor caution.

MarketBeat

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Nvidia's Next AI Rack Hit A Manufacturing Snag. The Company's Fastest Product Cycle Just Slowed Down.

Nvidia's next-generation Kyber NVL144 rack-scale AI system has reportedly been delayed by more than a year after manufacturing challenges emerged with a critical component.

International Business Times

The AI boom propping up markets could trigger the next crash, central banks warn

The vast surge of investment in AI, which has powered global stock markets to record highs, risks ending in a financial bust, the Bank for International Settlements warns, as the build-up’s hidden costs begin to surface in company accounts and consumer prices alike.

Euronews

AWS CEO says replacing young employees with AI is 'one of the dumbest ideas'—and bad for business: 'At some point the whole thing explodes on itself'

Amazon laid off 14,000 employees last fall, but CEO Andy Jassy denied the reductions were related to AI.

Fortune

OpenAI spices things up with Jalapeno chips: Why the Sam Altman-led AI startup is building its own processors

OpenAI said it designed the chip from scratch in nine months. Broadcom handled silicon implementation, networking, and connectivity, while Celestica developed the physical computing hardware of the chip, including its circuit board, hardware frame, and system integration.

The Economic Times

Brussels tightens rules on US cloud providers as it pushes for tech sovereignty

The European Commission has decided that Microsoft Azure and Amazon Web Services should face strict rules to improve cloud competition. The move risks angering Washington as Brussels pushes the European tech sovereignty agenda.

Euronews

‘Wipe out and change are different': Amazon exec slams AI job apocalypse fears as he hires thousands of Gen Z grads

Matt Garman, CEO of Amazon Web Services, is rejecting predictions of an entry-level job bloodbath, as he hires thousands of Gen Z talent.

Fortune

A new bunch of AI spin-offs ripe for the picking

Indian tech unicorns are transforming their internal AI tools into independent businesses, mirroring successes like Amazon Web Services and Slack. Companies such as NoBroker, Moglix, Apna, and Practo are leveraging years of accumulated data and domain expertise to launch AI-powered platforms. This strategic pivot capitalizes on the current AI wave,…

The Economic Times

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The Economic Times

ArcelorMittal partners with AWS to automate global operations

Steel giant ArcelorMittal is joining forces with Amazon Web Services (AWS) to revolutionize its global operations. By integrating AWS's cloud and AI capabilities, the company aims to enhance safety, improve asset reliability, and boost energy efficiency across its manufacturing processes. This strategic partnership will leverage advanced technologies like industrial IoT…

France 24

VivaTech 2026: Rebuilding business models with AI

What role will artificial intelligence play in business development and daily life? It’s one of the questions dominating this year's VivaTech, Europe's biggest event focused on startups and innovation. Our Business Editor Kate Moody sat down with Julia White, Vice President and Chief Marketing Officer of Amazon Web Services, to…

The Economic Times

Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEO

Allbirds is now Smartbird. The company has a new president and CEO, Nadia Carlsten. Smartbird is shifting focus to AI infrastructure and cloud computing. This move follows a significant surge in its share price. The company aims to provide AI infrastructure as a managed service. It is in discussions with…

The Times of India

Iowa Guv issues statement amid job fear: 'At no point during our negotiations was it even considered to employ H-1B visa holders'

A major confusion was created after Iowa Governor Kim Reynolds announced that the state of Iowa will migrate its executive branch data from an outdated IT system to a modern system with Amazon Web Services and that the day-to-day IT operations will be managed by Cognizant Government Solutions. The government…

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The Economic Times

KKR launches $10 billion AI infrastructure company with Nvidia, Vistra

The Kuwait ‌Investment Authority, ⁠AI ⁠chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital Infrastructure, which is led by former Amazon Web Services CEO Adam Selipsky.

Fortune

'We may be flying blind': AWS wants to fix the problem of AI agents straying off task

A paper from Amazon Web Services warns that unsupervised agents tend to reason themselves into trouble.

The Economic Times

Pinterest deepens Amazon partnership with $4 billion cloud deal

Pinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud services until 2031. This deal will help Pinterest boost its artificial intelligence capabilities. They will use Amazon's custom chips to improve features like visual search. This partnership aims…

AAP

OutSystems Announces New AI Capabilities with AWS to Deliver Agentic Systems for the Enterprise

SINGAPORE, June 3, 2026 /PRNewswire/ -- OutSystems, a leading Agentic Systems Platform, today announced an expanded collaboration with Amazon Web Services (AWS) to deliver a powerful suite of enterprise AI capabilities. This collaboration directly addresses three major hurdles to enterprise AI success: model fragmentation, legacy system technical debt, and AI-native…

International Business Times

Amazon Says It Solved a Data Center Problem That Could Reshape AI Infrastructure

Amazon said it has solved one of the most important problems standing between today's data centers and the next generation of cloud computing: how to move massive amounts of data more efficiently.

Bangkok Post

AWS Thailand promotes AI as economic engine

Amazon Web Services (AWS) Thailand has positioned artificial intelligence (AI) as a defensive economic infrastructure that can help organisations automate, cut costs and improve productivity.

International Business Times

Pentagon Battles To Deploy AI For Military Despite Clamor For Guardrails

The Pentagon has roped in Google, Microsoft, Amazon Web Services, Nvidia, OpenAI, Reflection and SpaceX to provide resources to help "augment warfighter decision-making in complex operational environments.

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