Amazon Just Landed a $38 Billion OpenAI Deal
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Verizon announced a deal with Amazon Web Services on Monday to build high-capacity fiber routes connecting AWS data centers, aiming to strengthen infrastructure for the next generation of artificial intelligence applications.
AWS outage reports spiked again for the cloud service yesterday (October 29) after a mass outage last week. But this time, AWS was quick to dispute these reports with us.
Here’s hoow AWS, Microsoft Azure and Google Cloud fared during the third-quarter 2025 in terms of cloud revenue, cloud sales growth, operating income and parent company revenue.
“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of Amazon, said in the company’s earnings announcement. “We continue to see strong demand in AI and core infrastructure, and we’ve been focused on accelerating capacity — adding more than 3.8 gigawatts in the past 12 months.”
Partners with AWS to build fiber network connecting data centers for AI applications, expanding existing collaboration as AI demand grows.
Verizon Business today announced a new Verizon AI Connect deal with Amazon Web Services (AWS) to provide the resilient high-capacity, low-latency network infrastructure essential for the next wave of artificial intelligence (AI) innovation.
Fastnet is the first cable that Amazon is building on its own. The company backed multiple subsea internet projects in the past, but it developed them as part of consortiums. One of those cables, the Bifrost optical link that connects the U.S. and Singapore, came online last month.
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Amazon denies AWS outage rumors after layoffs
Amazon has categorically refuted claims that its cloud computing platform, Amazon Web Services (AWS), suffered another major outage on October 29, 2025. This denial comes in the wake of recent mass layoffs that saw hundreds of employees from critical infrastructure teams lose their jobs.
Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins.