Investment firm KKR is reportedly preparing to launch a new $10 billion artificial intelligence firm, which will be led by a former chief of Amazon Web Services.

Amazon Web Services (AWS) has secured a significant deal with Meta, further expanding its cloud computing partnerships.

Analysts are speculating whether a strong performance from Amazon Web Services (AWS) will positively impact Amazon's upcoming first-quarter earnings report.

Anthropic has committed $100 billion to Amazon Web Services (AWS), while Amazon itself is investing up to $25 billion in its AI partner, signaling a major push in the artificial intelligence sector.

Oracle has reportedly deepened its partnership with Amazon Web Services, prompting analysis on whether this development makes ORCL stock a favorable buy.

Amazon Web Services (AWS) is set to expand its presence in Malaysia, prompting Prime Minister Anwar Ibrahim to encourage more local companies to join the initiative. This move aims to boost the local tech ecosystem.

Lumen Technologies, having navigated a challenging period from its high-stakes fiber investments, is now strategically positioning itself for an AI-driven future. The company is notably providing network connectivity services to Amazon Web Services (AWS).

Amazon Web Services CEO Matt Garman has stated that the ongoing Iran war presents significant challenges, leading to 24/7 efforts to maintain services and reported data center disruptions in Bahrain and the UAE.

Bahrain ka konfirmuar se një strukturë kyçe e lidhur me Amazon Web Services (AWS) është prekur gjatë një sulmi të fundit iranian, ndërsa raportohet se edhe selia e operatorit kryesor të…

The US Army is launching a new online marketplace for drones, with assistance from Amazon Web Services, to streamline procurement for soldiers and allies.

Gilat Satellite Networks announced a successful demonstration of its cloud-based virtualized satellite modem technology in collaboration with Amazon Web Services (AWS).

Amazon anticipates its Amazon Web Services (AWS) annual revenue will reach $600 billion within the next decade, making the stock appear to be a dirt cheap buy.

Nvidia CEO Jensen Huang stated that the current $700 billion investment in AI infrastructure is merely the beginning, anticipating trillions more will be needed for future development, with Sam Altman thanking Huang as Nvidia rapidly increases AI capacity for OpenAI on Amazon Web Services.

Amazon Web Services (AWS) has introduced Amazon Connect Health, an AI agent platform specifically designed to assist healthcare providers with various tasks and improve patient interactions.

Iranian drone strikes have damaged three Amazon Web Services sites in the Middle East

Amazon Web Services Korea is increasing its infrastructure investment this year, focusing on expanding into the public sector and advancing agentic AI, aligning with the South Korean government's goal to become a top-three global AI leader.

A fire occurred at an Amazon Web Services (AWS) data center in the United Arab Emirates. Amazon has not commented on a possible connection to Iranian attacks.

Nokia and Amazon Web Services (AWS) have announced a partnership to launch an AI-powered 5G-Advanced network slicing solution, aiming to enhance network capabilities and efficiency.

Amazon is rolling out new agent plugins for its Amazon Web Services (AWS) platform, expanding its capabilities and integration options.

Amazon has confirmed that its Amazon Web Services (AWS) cloud operations in the Middle East sustained damage during the recent conflict involving Iran. AWS is the world's largest cloud computing provider, serving major companies like Netflix and BMW.

Amazon Web Services (AWS) has quickly launched OpenAI models on its Bedrock platform, a day after OpenAI concluded its exclusive cloud agreement with Microsoft, addressing long-standing customer demand for broader access to advanced AI models.

Amazon Web Services (AWS) has announced an update to its AgentCore, significantly reducing the setup process for AI agents to just three API calls.

Amazon and Marvell have received increased analyst support, driven by robust demand for Amazon Web Services (AWS) and artificial intelligence, as well as strong performance in optical technology.

Oracle Corporation has announced an expansion of its multicloud networking services, integrating with Amazon Web Services to enhance its offerings.

Fox has chosen Amazon Web Services (AWS) as its preferred cloud provider for artificial intelligence, a move that puts Amazon in a prominent position in the AI cloud market.

Amazon's stock experienced a significant surge today after its CEO detailed the company's ambitious growth plans for artificial intelligence and its Amazon Web Services (AWS) division. The announcement boosted investor confidence.

A desalination plant and oil refinery in Kuwait were hit by missile and drone strikes. Separately, an Oracle building in Dubai Internet City was targeted by Iranian projectiles, which were intercepted by the UAE, causing debris to hit the building but no injuries. Amazon Web Services data centers were also reportedly targeted in the UAE.

NVIDIA Corporation has announced a deal to supply its Graphics Processing Units (GPUs) to Amazon Web Services (AWS), enhancing AWS's cloud computing capabilities.

Drone strikes on March 1 damaged three Amazon Web Services (AWS) cloud facilities in the United Arab Emirates and Bahrain, exposing Nigeria's lack of digital independence and potential vulnerability.

Nvidia has secured a massive multi-chip deal to deliver 1 million AI chips to Amazon Web Services (AWS) by 2027, aiming to significantly boost inference and cloud computing capabilities.

Amazon CEO Andy Jassy reportedly anticipates Amazon Web Services (AWS) sales to double to $600 billion by 2036, attributing this significant growth to the increasing influence of artificial intelligence.

Amazon Web Services (AWS) has announced the release of a new AI-enabled platform designed to automate administrative tasks within the healthcare sector.

Amazon Web Services (AWS) confirmed a drone attack on its data center in Bahrain, which occurred on Wednesday.

Amazon's cloud division, AWS, is undergoing a strategic reboot to adapt its consulting services for the evolving landscape of the artificial intelligence era.

The rapid rollout of datacenters across the US is creating a divide between municipal governments and residents Wilmington, Ohio, resident Quintin Koger Kidd was so concerned last June with his local public officials’ alleged misdoings – open meeting violations and other discrepancies – that he filed a complaint in court to have the mayor and city council members removed from their posts. When Koger Kidd later heard that the city supported plans by Amazon Web Services to build a $4bn datacent...

Ribbon Communications has announced a new partnership with Amazon Web Services, details of which are now emerging.

Amazon has surpassed Walmart as the world's largest company by revenue, reporting $717 billion in sales for 2025. This milestone, however, is largely attributed to Amazon Web Services, a sector Walmart does not compete in. Analysts suggest this revenue gain doesn't signify a retail victory, as Walmart maintains its dominance in physical retail.

Oppenheimer has identified Amazon Web Services (AWS) as a primary growth engine for Amazon.com, Inc., underscoring its importance to the company's overall performance.

Mizuho analysts have increased their price target for Amazon to $325, suggesting that Amazon Web Services (AWS) could emerge as a leading AI beneficiary in 2026. The report highlights AWS's potential in the artificial intelligence sector.

Meta has signed an agreement with Amazon Web Services (AWS) to power its agentic AI initiatives. This collaboration will utilize AWS Graviton chips to enhance Meta's artificial intelligence capabilities.

Uber is further strengthening its technological infrastructure within the Amazon Web Services environment, expanding its use of tools that support critical real-time platform operations to achieve a smarter mobility experience.

Amazon's stock is approaching record territory, with investors closely watching Amazon Web Services (AWS) and its strong growth projections through 2026, fueled by a positive shift in the AI narrative.

Oracle's stock saw a jump following the announcement of its expanded deal with Amazon Web Services (AWS) for multicloud networking.

Amazon Web Services' chief executive remains optimistic about growth opportunities in the Middle East, despite ongoing regional conflicts.

Amazon Web Services Korea has announced plans to invest an additional 7 trillion won ($4.6 billion) in South Korea by 2031. This investment aims to expand artificial intelligence and cloud infrastructure, while also enhancing the use of AI in cybersecurity.

Citi and JPMorgan have raised their price targets for Amazon, citing surging demand for the company's Amazon Web Services (AWS) artificial intelligence offerings.

CloudZone, an Israeli company specializing in comprehensive technological services, has announced a strategic partnership with leading AI developer Anthropic to offer its advanced AI models within Amazon Web Services (AWS).

Iran is increasingly targeting technological infrastructures like data centers and submarine cables, viewing them as strategic assets. Recent drone attacks damaged three Amazon Web Services data centers in the UAE and Bahrain, explicitly indicating Iran's focus on American digital infrastructure.

Amazon CEO Andy Jassy has reportedly doubled his previous sales projections for Amazon Web Services (AWS) to $600 billion by 2036, attributing the significant increase to the impact of artificial intelligence.

Amazon Web Services (AWS) is making significant advancements in agentic payments, indicating a new strategic direction in its financial technology offerings.

Missile and drone attacks have severely impacted Amazon Web Services (AWS) data centers in the UAE and Bahrain, prompting urgent calls for customers to migrate operations. Major tech providers like Snowflake and Red Hat, also reliant on AWS, are advising Middle East clients to enact disaster recovery plans. Services are experiencing disruptions, with no immediate restoration ETA.

Amazon Web Services (AWS) is set to double its investments in cloud and AI infrastructure in Spain, adding an extra 18 billion euros to expand its facilities in the Aragon region.

Amazon Web Services (AWS) has pledged $100 million to initiatives aimed at expanding access to education through the integration of cloud computing and artificial intelligence technologies.

PwC, like many consulting firms, is investing heavily in engineering talent. Artur Widak/NurPhoto via Getty Images PwC's engineers have created a new AI agent to tackle enterprise-grade spreadsheets. Spreadsheets are unsexy, but crucial to corporate operations, PwC exec Matt Wood told Business Insider. Traditional AIs "just kind of shrug and give up" when they meet a big spreadsheet, Wood said. The real way to judge a company's AI expertise isn't in the flashy headlines, but by looking at the "unsexy" work rolling out behind the scenes, Matt Wood, PwC's global and US commercial technology and innovation officer, told Business Insider. If Wood's theory holds — that real AI prowess shows up in unglamorous advances — PwC's latest launch is certainly notable. After all, what could be less sexy than spreadsheets? The Big Four firm announced this week that it has developed a "frontier AI agent" capable of reasoning over vast, enterprise-grade spreadsheets — something that conventional AI systems struggle with because of their complexity, size, and interdependencies. The agent can understand and navigate spreadsheets, mimicking "how experienced practitioners work: scanning, searching, jumping across tabs, integrating charts and receipts, and reasoning," PwC said in a press release. Why spreadsheets matter Wood, who joined PwC in 2024 from a role as vice president of AI at Amazon Web Services, said that when he started, he'd noticed the wraparound, ultra-wide monitors filled with spreadsheets: "That's all anybody was working on," he said. But these were not "your school soccer team budget spreadsheet," said Wood. The spreadsheets that power large enterprises are enormously complex, often containing millions of cells, charts, graphs, images, receipts, and dozens of interlinked workbooks. "They are more like financial engines than they are spreadsheets," he told Business Insider. These files often underpin business-critical decisions, yet PwC "found that even today's modern AI was very poorly suited to managing these big enterprise spreadsheets," Wood said. "They just kind of shrug and give up for want of a better word." Matt Wood, PwC's global and US commercial technology and innovation officer. PwC Creating an AI capable of understanding and reasoning across large, complicated spreadsheet applications is what PwC's engineers set out to solve. Their solution was a "genuine advance in the field," Wood said. The agent has unlocked use cases across assurance, advisory, and tax, and boosts time saving on some tasks "from literally days to hours," said Wood. He gave the example of audit walkthroughs, where teams previously spent weeks manually gathering and validating evidence across numerous complex spreadsheets that existing AI tools couldn't handle. Now, users simply upload the files, and the frontier agent automatically maps their structure, extracts relevant data, and performs validation and consistency checks — tasks that would otherwise require combing through millions of rows by hand. The result is faster meetings, less back-and-forth with clients, and cleaner, structured data ready for deeper AI-driven analysis, he said. Consulting powered by engineers PwC's AI spreadsheet agent was built in-house by engineers — a function the firm has been rapidly expanding as it shifts beyond the traditional roles associated with the Big Four. In January, PwC launched a dedicated tech engineering career track to attract more technical talent, saying it wants to become "a destination for top engineering talent." Previously, the firm offered only consulting and accounting career paths. Wood told Business Insider that adding the engineering track is "a signpost" of its future plans. At the same time, PwC is retraining non-technical employees. The US branch of the firm recently announced a companywide workplace learning strategy focused on knowledge sharing and on developing a mix of human and AI skills needed for the future. Wood described the work engineers do at PwC as having two modes: "transforming today" and "building for tomorrow." The first focuses on improving current workflows — reducing back-and-forth with clients, increasing trust, and delivering work more efficiently. The second reimagines professional services from scratch: "If you were to start from a blank piece of paper, what would professional services look like in an AI agent world?" said Wood. PwC engineers also work directly on client engagements, building AI systems tailored to specific projects. For example, they help organizations reorganize and redesign their finance functions from the ground up using agents, Wood said. Many of the consulting industry's top players are pursuing similar investments in technical talent as AI reshapes the work they do. Accenture, already one of consulting's most technically sophisticated players, has added nearly 40,000 AI and data professionals in the last two years. They now account for roughly 10% of its global headcount. EY, another Big Four firm, has added 61,000 technologists since 2023, according to its latest annual report. Have a tip? Contact this reporter via email at pthompson@businessinsider.com or Signal at Polly_Thompson.89. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely. Read the original article on Business Insider