#amazon

Amazon has officially cancelled its Lord of the Rings MMO project. While the company promises to continue exploring Middle-earth game experiences, this marks at least the third failed LOTR MMO attempt.

Former Nintendo of America president Reggie Fils-Aimé disclosed at an NYU lecture that Amazon once pressured Nintendo for illegal financial support to undercut Walmart, prompting Nintendo to cut off Amazon entirely — a rift that explains Nintendo's ongoing absence from the platform.

AWS customers can now access OpenAI's GPT models and Codex coding agent through Amazon Bedrock, marking OpenAI's first major deployment outside Microsoft Azure. General availability is expected within weeks.

Globalstar $GSAT rose more than 9% in premarket trading after Amazon agreed to acquire the satellite operator for about $11.57 billion. The deal values Globalstar at $90 a share, or 0.3210 shares of $AMZN stock, and folds its spectrum assets into Amazon Leo.

Amazon said on March 2, 2026 that it will raise its planned Spain investment to €33.7 billion to expand data center infrastructure and AI capacity across Europe. The company says the program should support 29,900 jobs annually and add €31.7 billion to Spain’s GDP through 2035.

Amazon and OpenAI announced on February 27, 2026 a multi-year strategic partnership built around a Stateful Runtime Environment on Amazon Bedrock, Frontier distribution on AWS, and long-term Trainium capacity. Amazon also said it will invest $50 billion in OpenAI.

OpenAI said it raised $110B at a $730B pre-money valuation and added Amazon and NVIDIA to a broader infrastructure push. The company tied the financing to fast growth across Codex, ChatGPT, and enterprise deployments.

OpenAI and Amazon announced a multi-year strategic partnership on February 27, 2026. The deal combines a new Amazon Bedrock-based Stateful Runtime Environment, exclusive third-party AWS distribution for OpenAI Frontier, approximately 2 gigawatts of Trainium capacity, and a $50 billion Amazon investment.

Hacker News reacted to reports that Amazon is requiring stronger senior sign-off on AI-assisted code changes after recent outages, reading it as a sign that verification and accountability are becoming the real bottlenecks in AI coding adoption.

OpenAI finalized the largest private tech funding round in history, raising $110B from Amazon ($50B), NVIDIA ($30B), and SoftBank ($30B). The company is now valued at $840B and plans to expand its AWS partnership to $100B over eight years.

OpenAI CEO Sam Altman announced a $110 billion funding round from Amazon, NVIDIA, and SoftBank — one of the largest private tech funding rounds in history, valuing the company at $840 billion post-investment.

Amazon Ring's Super Bowl ad featuring a lost dog search has triggered online backlash over concerns about mass surveillance through private security cameras.