Amazon.com Inc.

03/02/2026 | News release | Distributed by Public on 03/02/2026 03:45

What you need to know about Amazon today: March 2, 2026

OpenAI and Amazon announce strategic partnership
OpenAI and Amazon have announced a multi-year strategic partnershipto accelerate AI innovation for enterprises, startups, and end consumers around the world. Amazon will also invest $50 billion in OpenAI, starting with an initial $15 billion investment and followed by another $35 billion in the coming months when certain conditions are met.
Amazon CEO Andy Jassy explains the benefits to developers on the Stateful Runtime Environment that Amazon and OpenAI will co-create
Amazon and OpenAI will co-create a Stateful Runtime Environment that allows AI agents to maintain context and access compute resources. Developers can build production-scale AI applications without starting from scratch each time. The environment represents the next generation of how frontier AI models will be used.
Amazon Leo will connect millions across rural Africa with satellite connectivity
Amazon Leo is partnering with Vanu, Inc. to bring high-quality satellite internet connectivity to rural communities across Southern Africa, where millions of people currently lack any internet access. Using Amazon Leo's low Earth orbit satellite network, Vanu can deploy mobile towers virtually anywhere on the continent, offering faster, lower-cost connectivity with simpler installation than traditional infrastructure. According to an Access Partnership report, integrating this satellite technology into the Southern African Development Community's connectivity mix could generate up to $16.9 billion in annual economic benefits and save local operators at least $10.3 billion in terrestrial infrastructure costs.
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