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Amazon.com, Inc. (AMZN) remains a global leader in e-commerce, cloud computing, and technological innovation. This dedicated news hub provides investors and professionals with direct access to official press releases and curated analysis spanning Amazon’s diverse operations.
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Key focus areas include marketplace developments, AWS service enhancements, Prime program evolution, and international growth strategies. Bookmark this page to efficiently monitor Amazon’s operational milestones and industry-shaping announcements.
Amazon Web Services (AWS) and HUMAIN, Saudi Arabia's AI innovation company, announced a groundbreaking partnership to build an "AI Zone" in Saudi Arabia with a joint investment exceeding $5 billion. The initiative includes dedicated AWS AI infrastructure, UltraCluster networks, and AI services like SageMaker, Bedrock, and Amazon Q.
This investment is additional to AWS's previously announced $5.3 billion infrastructure region in Saudi Arabia, set to launch in 2026. The collaboration aims to develop AI solutions, including Arabic Large Language Models (ALLaM), and establish a unified AI agent marketplace. AWS commits to train 100,000 Saudi citizens in cloud computing and genAI through Amazon Academy, including a special initiative to train 10,000 women in AWS Cloud Practitioner Essentials.
According to PwC, AI is expected to contribute $130 billion to Saudi's economy by 2030, representing over 40% of AI's estimated $320 billion value in the Middle East.
PepsiCo (NASDAQ: PEP) has announced a strategic, multi-year cloud partnership with Amazon Web Services (AWS) to accelerate its enterprise-wide digital transformation. The collaboration focuses on leveraging AWS's infrastructure for AI innovation, supply chain optimization, and enhanced consumer experiences.
Key initiatives include cloud migration of applications and workloads, integration of PepsiCo's internal generative AI platform (PepGenX) with Amazon Bedrock, development of real-time advertising insights, and implementation of digital supply chain capabilities. The partnership aims to improve operational efficiencies and enable PepsiCo to build, test, and deploy new technologies rapidly across its global operations.