Amazon to issue $12 billion in a six-part investment-grade bond, marking its first dollar bond sale in nearly three years; longest maturity of 40 years with an initial yield premium of about 1.15 percentage points over U.S. Treasuries, underwritten by Goldman Sachs, JPMorgan Chase, and Morgan Stanley
Proceeds earmarked for general corporate purposes—AI infrastructure expansion, acquisitions, capital expenditures, stock buybacks, and debt repayment
Capital expenditures in Q3 surged 61% YoY to $34.2 billion, driven by investments in data centers and chip technology for AI systems
Data center power capacity has doubled since 2022, with plans to double again by 2027, underscoring Amazon’s aggressive AI infrastructure build-out
Despite wider bond spreads in tech, Amazon is viewed as well-positioned—alongside Microsoft, Alphabet, and Meta—to handle AI-driven capital demands

3 days ago

Bloomberg

Amaze reports Q3 2025 financial results

AMZN

Earnings

Guidance Update

Net revenue grew to $1.25 million, a 1,884% increase year-over-year in Q3 2025.
Gross profit rose to $1.17 million, up 668% from Q3 2024.
Reported a net loss of $5.15 million (-$0.85 per share) versus a loss of $0.32 million (-$0.45 per share) in the year-ago quarter.
Ended Q3 2025 with $0.30 million in cash and, post-quarter, raised $9.2 million in gross proceeds.
Outlook: Sequential net revenue growth expected in Q4 2025 with near-profitability, and GAAP profitability anticipated in Q1 2026.

6 days ago

Press Release

Amazon rebrands Project Kuiper to Amazon Leo ahead of broadband launch

AMZN

Product Launch

New Projects/Investments

Amazon has officially renamed its satellite broadband initiative from Project Kuiper to Amazon Leo, reflecting its operation in low Earth orbit.
The constellation has launched 153 satellites to date, with plans to expand to over 3,200 satellites to deliver global high-speed internet.
Service launch is slated for end of 2025 for select enterprise customers and broader availability in 2026.
Amazon Leo has secured partnerships with JetBlue, DIRECTV Latin America, L3Harris, Sky Brasil, and NBN Co. to deploy its service.

7 days ago

Bloomberg

Amazon Business unveils next-gen AI solutions

AMZN

Product Launch

AI-powered Amazon Business Assistant launched to provide personalized, interactive procurement guidance and automation, helping organizations discover savings and make data-driven purchase decisions using AWS Bedrock.
Collaboration with AWS and Deloitte introduces industry-specific AI solutions for proactive supply chain optimization and predictive decision-making in manufacturing and energy sectors.
Amazon Business serves 97 of the Fortune 100 and hundreds of thousands of small businesses worldwide, leveraging everyday low prices, vast selection, and a global logistics network.

Nov 12, 2025, 1:00 PM

Press Release

Amazon-backed Anthropic to Profit by 2028; OpenAI Forecasts $74 B Loss

AMZN

Guidance Update

New Projects/Investments

Anthropic is projected to reach profitability by 2028, with about 80% of its revenue from enterprise customers.
OpenAI is expected to incur an $74 billion operating loss in 2028 due to heavy data center and computing expenditures, delaying profitability until around 2030.
Amazon has invested roughly $8 billion in Anthropic, while Microsoft’s investment in OpenAI exceeds $13 billion, underscoring high-stakes backing by major tech players.
Anthropic’s annualized revenue is approximately $7 billion today, with forecasts up to $70 billion by 2028, contrasting OpenAI’s costly Sora 2 video model at about $15 million per day (≈ $5 billion annualized).

Nov 10, 2025, 3:16 PM

Morningstar

Amazon Brazil launches NuPay integration with Nubank

AMZN

Product Launch

New Projects/Investments

Integration: Amazon Brazil will roll out Nubank's NuPay payment system at checkout ahead of Black Friday 2025, targeting over 100 million active users.
Payment features: The digital-only NuPay offers fast, secure transactions, expanded credit limits, and up to 24 installments at competitive rates, with plans for interest-free credit and debit options.
Financial profile: Nu Holdings, Nubank’s parent, posted a 33.3% revenue growth over three years, a 25.65% net margin, and a 0.06 debt-to-equity ratio.
Market impact: Following the announcement, Nu Holdings shares rose 3.2% while Amazon’s stock remained steady; Amazon Brazil’s country manager highlighted improvements in credit access and payment flexibility for consumers.

Nov 5, 2025, 11:23 PM

Bloomberg

Amazon issues cease-and-desist against Perplexity AI agent

AMZN

Legal Proceedings

Amazon sent a cease-and-desist letter to AI startup Perplexity over its Comet browser agent making unauthorized purchases, alleging it bypassed security measures and violated its terms of service.
Amazon contends the agent logged in like a standard browser, disrupting personalization systems and degrading delivery estimates and pricing accuracy.
Perplexity argues its AI acts on users’ behalf with equivalent permissions and accuses Amazon of protecting its $56.2 billion annual advertising revenue by controlling sponsored listings and upsells.
This marks Amazon’s first legal action against an AI company, underscoring its focus on platform protection and transparency requirements for third-party agents.

Nov 4, 2025, 10:35 PM

Bloomberg

Amazon files complaint against PacifiCorp over insufficient power

AMZN

Legal Proceedings

New Projects/Investments

Amazon has filed a formal complaint with Oregon regulators, alleging PacifiCorp failed to provide sufficient power to four new data center facilities since 2021, with one site entirely without power and another underpowered.
Amazon is requesting regulators to compel PacifiCorp to supply the necessary power or release the data centers from PacifiCorp’s exclusive service territory.
PacifiCorp faces significant financial risk from a large Oregon wildfire class-action lawsuit, which may limit its ability to invest in infrastructure and meet power obligations.
Amazon began expanding its Oregon data center presence in 2011 (Boardman) and 2017 (Hermiston), operating four availability zones in its US West 2 region.
In 2024, Amazon withdrew plans for Bloom Energy natural gas fuel cells and signed a 98.4 MW wind farm power purchase agreement with Avangrid to secure renewable energy for its Oregon operations.

Nov 4, 2025, 12:16 AM

Bloomberg

Amazon launches AI shopping assistant Rufus with $10B sales target

AMZN

Product Launch

Revenue Acceleration/Inflection

Amazon’s AI-powered shopping assistant Rufus, launched in February 2024, is expected to drive over $10 billion in annual incremental sales, according to CEO Andy Jassy.
Rufus has attracted 250 million users who are 60% more likely to complete purchases after interacting with it, with monthly active users and interactions growing significantly year-over-year.
Internal planning documents project Rufus will contribute over $700 million in operating profit in 2025 and $1.2 billion by 2027.
Amazon measures Rufus’s impact via a “downstream impact” metric, tracking purchases made within seven days of chatbot interactions to capture delayed buying decisions.

Nov 2, 2025, 3:30 PM

Fortune

Amazon attributes 14,000 layoffs to culture over AI

AMZN

Layoffs

Management Change

Amazon CEO Andy Jassy said the reduction of 14,000 corporate employees was driven by excess management layers and a need for a leaner, flatter, faster-moving structure, not by financial pressures or AI efficiencies.
The cuts affected 1,403 jobs in California and spanned divisions including devices, advertising, Prime Video, HR, and AWS, with restructuring set to continue into 2026.
Amazon’s workforce had peaked at over 1.6 million in 2021 and fell to about 1.5 million by end-2024 before these layoffs.
Despite the job cuts, Amazon reported $180.2 billion in quarterly revenue and $21.2 billion in profits, sending its stock up 12% following the earnings report.

Oct 31, 2025, 9:35 PM

Fortune

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