Torben Severson has departed Amazon after 17 years to join OpenAI. Severson will serve as Vice President and Head of Global Business Development at OpenAI.

Investors are waiting on pins and needles to the Fed's December decision on interest rates, says Jessica Inskip (@jessicainskip). When it comes to today's Big 3, she explains how Amazon (AMZN), Southwest Airlines (LUV), and Citigroup (C) play into the consumer big picture.

Amazon Web Services is rolling out a slate of new homegrown AI models and a service for enterprise customers to build their own custom versions.

Amazon's 20% AWS growth & $38 billion OpenAI deal trump Alibaba's 78% profit crash and negative cash flow. AMZN offers superior AI execution.

SAN FRANCISCO & LAS VEGAS--(BUSINESS WIRE)--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that WRITER, a leader in agentic AI for the enterprise, is providing customers with direct access to Amazon Bedrock, making guardrails and models from leading providers available in WRITER's enterprise agent platform. WRITER also unveiled a state-of-the-art agent supervision and orchestration suite that establishes a new control center for en.

CNBC's MacKenzie Sigalos reports on Amazon's 2025 re:Invent conference where the company unveiled major upgrades to its AI stack.

Amazon has announced it's launching a new service that completes deliveries in 30 minutes or less in Seattle and Philadelphia. The new “ultra-fast” delivery option will allow Amazon to better compete with services like DoorDash, Uber Eats, and Instacart.

Amazon's cloud unit on Tuesday announced AI-enabled software designed to help clients better understand and recover from outages. DevOps Agent, as the AI tool from Amazon Web Services is called, helps companies more quickly figure out what caused an outage and implement fixes.

The Nova Forge offering from Amazon Web Services gives organizations access to Amazon's AI models in various stages of training so they can incorporate their own data earlier in the process. The new service costs $100,000 per year and doesn't include help from Amazon experts.