Despite the challenges, Amazon’s fundamentals remain solid, supported by accelerating cloud and advertising performance and fast-growing chips business.

Amazon AWS UAE data centre hit by “objects” causing fire and power cuts. Cloud services in UAE and Bahrain disrupted for at least a day

SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of generative AI tools would trigger a workforce reduction.

Amazon’s cloud service, AWS, said on Sunday that power to its data center in the United Arab Emirates was shut down temporarily after objects struck the facility, triggering sparks and a fire.

FROST IN THE WINDSHIELD COMING UP AGAIN. ALL RIGHT, RANDY, THANK YOU. WE DO HAVE A BREAKING UPDATE ON THAT INTERNET OUTAGE THAT’S AFFECTING WEBSITES NATIONWIDE. AMAZON WEB SERVICES JUST SHARING IN THE LAST TEN MINUTES THAT THEY ARE STARTING TO SEE SOME ...

To say Nebius will be the next Amazon is a fairly large stretch. Amazon is doing quite well, and there are no signs of it faltering. In fact, AWS just posted its best quarter in over three years (in terms of revenue growth) during the fourth quarter.

The deal strengthens AWS's AI offerings and may help fend off challenges from cloud rivals Microsoft and Google.