Amazon said three of its data centers in the Middle East were damaged by drone strikes due to the US-Iran conflict in the region. Two facilities in the United Arab Emirates sustained direct hits, while a third facility in Bahrain was damaged by a drone strike "in close proximity," the company said in an update on its AWS cloud service dashboard on Monday afternoon.

Artificial intelligence (AI) could help many areas of Amazon's business. However, Amazon plans to invest heavily in AI this year, and that has spooked investors.

Amazon halts e-commerce operations in Abu Dhabi amid Middle East instability. Amazon employees in Saudi Arabia and Jordan are advised to stay indoors due to regional tension.

Amazon's rising cloud and AI expenses are weighing down its stock. But it will keep growing for the foreseeable future.

The survey reveals 23% of institutional credit investors say an artificial intelligence (AI) bubble is their biggest worry.

OpenAI has moved swiftly to consolidate its position with the Pentagon after Anthropic was threatened with an unprecedented “supply chain risk” designation

Amazon.com Inc. (AMZN) is beginning to test investor patience as its artificial intelligence ambitions collide with rising capital intensity. After a 12% declin

Media companies in the US are moving as the deal for Netflix to acquire Warner Brothers Discovery had fallen through, with Paramount looking to purchase it now.