Amazon’s largest AI data center is now operational in New Carlisle, Indiana, with half a million AWS Trainium 2 chips entirely devoted to powering OpenAI rival Anthropic. Just over a year ago, the site was nothing but cornfields.

Amazon will cut as many as 30,000 jobs this week its latest effort to lower expenses. The move will impact the company's corporate arm.

Amazon.com plans to continue spending on capacity to meet demand for artificial intelligence and cloud products.

The sweeping layoffs mark another major contraction under CEO Andy Jassy, who has slashed tens of thousands of roles since taking over in 2021.

Amazon led the U.S. stock market on Friday to the finish of another winning week and month. The S&P 500 rose 0.3% and pulled closer to its all-time high set on Tuesday. It closed out a third straight winning week and a sixth straight winning month,

The new "Amazon Grocery" venture will offer customers thousands of products online and in store, most which are priced under $5.

Amazon’s cash tax payments fell 45% in the third quarter, driven largely by the One Big Beautiful Bill Act of 2025, even as profits surged 38%. The new U.S. law, championed by President Trump, allows companies to immediately deduct equipment and R&D costs — boosting investment in AI infrastructure while cutting near-term tax bills.