Amazon.com, Inc. (AMZN)[Tv]

Key Developments

• AWS officially designated a “Critical Third Party” by UK regulators, granting the Bank of England, FCA, and PRA new oversight authority over its operations, resilience, and incident reporting—transforming Amazon’s cloud arm into a systemically vital infrastructure player.
• Amazon completed a $25 billion U.S. dollar bond issuance, one of the largest corporate debt raises in tech history, to finance AI infrastructure, data centers, and custom AI chip development—signaling a definitive commitment to leading the global AI arms race despite declining cash flow.
• EU antitrust regulators recommended classifying Amazon Web Services (AWS) as a “gatekeeper” under the Digital Markets Act, imposing strict restrictions on self-preferencing, data portability, and interoperability—marking a pivotal regulatory inflection point for Amazon’s core cloud business.
• Amazon acquired Globalstar for $11.6 billion, securing L-band spectrum and accelerating the launch of its direct-to-device satellite network, Amazon Leo, targeting 2028—placing Amazon in a high-stakes race against SpaceX’s Starlink for global broadband dominance.
• Cerebras’ CS-3 wafer-scale AI processors integrated into AWS, backed by a $20 billion OpenAI deal—representing a first-mover technological offensive that enhances Amazon’s enterprise AI infrastructure edge and positions AWS at the forefront of high-performance inference.