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.
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RSS FeedOpenAI said on February 27, 2026 that Amazon will invest $50 billion and deepen their infrastructure relationship around Amazon Bedrock, OpenAI Frontier, and Trainium capacity. The agreement ties OpenAI's enterprise agent ambitions more closely to AWS distribution and long-term accelerator supply.
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 on February 27, 2026 that it had secured $110B in new funding at a $730B pre-money valuation. The announcement pairs capital with concrete infrastructure deals, including an Amazon partnership and 5 GW of NVIDIA-backed compute split between inference and training.
On February 27, 2026, OpenAI and Amazon announced a multi-year deal covering a Stateful Runtime Environment on Amazon Bedrock, AWS-exclusive third-party distribution for OpenAI Frontier, 2 gigawatts of Trainium capacity, and a $50 billion Amazon investment. The announcement matters because it combines enterprise agent infrastructure, cloud distribution, and custom silicon in one agreement.
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 on February 27, 2026 announced a multi-year strategic partnership that combines a $50 billion Amazon investment with new Bedrock, Frontier, and Trainium commitments. OpenAI says it will also consume approximately 2 gigawatts of Trainium capacity through AWS infrastructure.
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 announced $110B in new investment on February 27, 2026, alongside Amazon and NVIDIA partnerships aimed at compute scale. The company tied the move to 900M weekly ChatGPT users, 9M paying business users, and rising Codex demand.
Amazon and OpenAI have announced a multi-year strategic partnership that combines cloud infrastructure, managed GPT access in Bedrock, and a new stateful runtime for agent systems. The deal also significantly expands the companies’ long-term infrastructure commitment.