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Jassy doubles down on Amazon's $200B bet on AI, chips and growth
business20 hours ago

Jassy doubles down on Amazon's $200B bet on AI, chips and growth

Amazon CEO Andy Jassy defends roughly $200B in capex planned for 2026, arguing demand and economics justify bets on AI, custom chips, and related initiatives. He notes AWS AI revenue at about a $15B annual run rate and internal chips revenue above $20B, with two large customers seeking all Graviton capacity in 2026 (which Amazon declined). The letter frames AI as a once-in-a-lifetime opportunity, acknowledges a drop in free cash flow due to capital spending, and highlights progress across grocery, satellite broadband, Now delivery, Alexa+, and Zoox, while signaling possible external sales of chip racks and broader robotics opportunities. Trainium deployments are advancing, underscoring that Amazon’s “Day 1” strategy remains to invest heavily for long-term leadership.

Old Kindles Lose Access: Amazon Ends Updates for Pre-2012 Devices
technology20 hours ago

Old Kindles Lose Access: Amazon Ends Updates for Pre-2012 Devices

Amazon will discontinue software support for Kindle devices released in 2012 or earlier starting May 20, 2026, meaning owners can read titles already on the device but cannot purchase, borrow, or download new books after that date; deregistering or factory resetting will render the device unusable. Affected models include Kindle 1st/2nd Gen, Kindle DX/DX Graphite, Kindle Keyboard, Kindle 4, Kindle 5, Kindle Touch, and the first Paperwhite. The policy underscores planned obsolescence of aging hardware, with no explicit reason given, and readers may seek alternatives or newer devices to continue seamless access to content.

Old Kindles Lose Store Access, Push Upgrades and Trade-Ins
technology1 day ago

Old Kindles Lose Store Access, Push Upgrades and Trade-Ins

Amazon will sunset software support for Kindle and Kindle Fire devices released in 2012 or earlier on May 20, ending the ability to download new content from the Kindle Store (existing titles remain readable; Send to Kindle and Libby/OverDrive integrations will stop). Amazon is offering a 20% discount toward a new Kindle plus a $20 e-book credit valid through June 20. Affected models include several 2011–2012 Kindles and Fire tablets. Options include upgrading to the newer Kindle (2024) or Kobo Clara BW, or trading in old devices through Amazon’s program (values may be low). Some users can sideload DRM-free titles, but this isn’t ideal. Security/maintenance costs and e-waste concerns accompany the sunset, which affects a subset of users (~less than 3%).

Amazon Expands Mississippi Data Centers as AI Buildout Grows to $25B
business1 day ago

Amazon Expands Mississippi Data Centers as AI Buildout Grows to $25B

Amazon said it has accelerated its Mississippi data-center program to about $25 billion as part of a broader plan to invest roughly $200 billion in AI infrastructure in 2026, sending shares higher after CEO Andy Jassy floated selling its own AI chips to outside customers. The push follows earlier Mississippi investments ($10B in Madison County and $3B in Warren County) and adds another $11B for Madison County and $1B for Hinds County, with additional data-center bets in Pennsylvania and New Zealand. Analysts remain bullish with a Strong Buy consensus and an average target around $284, implying upside from current levels.

Amazon ends updates for legacy Kindles, prompting upgrades and sparking e-waste concerns
technology1 day ago

Amazon ends updates for legacy Kindles, prompting upgrades and sparking e-waste concerns

Amazon will stop updating Kindle and Kindle Fire devices released in 2012 and earlier from May 20, 2026, cutting off access to new content purchases and updates for about two million devices, though users can still read downloaded ebooks and access their libraries on mobile or desktop apps; the company is offering discounts to upgrade, while critics warn the move could generate e-waste and 'soft-bricking' otherwise functioning devices.

Amazon Ends Updates on 2012-era Kindles, Sparking User Backlash
technology2 days ago

Amazon Ends Updates on 2012-era Kindles, Sparking User Backlash

Amazon will discontinue software support for Kindle and Kindle Fire devices released in 2012 and earlier starting May 20, 2026, preventing purchases, borrowing or downloading new content on those models. Owners can still read already downloaded books and use their Kindle libraries, but some devices may become unusable after a factory reset; Amazon says this move reflects aging hardware and security needs, while critics warn it amounts to deliberate obsolescence and risk contributing to e-waste, despite discounts to upgrade.

Amazon’s AI-Inflected, Multi-Path Growth Playbook
business2 days ago

Amazon’s AI-Inflected, Multi-Path Growth Playbook

Amazon CEO Andy Jassy outlines a non-linear growth strategy for 2025–2026 built on aggressive AI investments, robotics, and global delivery scale. Key highlights include AWS’s booming AI stack (SageMaker, Bedrock, Trainium) and a fast-growing custom-chip business; ongoing capex funded by strong customer commitments, including major OpenAI investments, with long-term free cash flow expected to rise as capacity monetizes. The company is expanding fulfillment robotics to over a million units, pushing rural delivery with a $4B expansion, and building the Amazon Leo LEO satellite network to close the digital divide, plus ultra-fast options like Same-Day Fulfillment Centers, Now, and Prime Air. Jassy stresses that progress won’t be linear and that leadership requires returning to first principles, experimenting across parallel paths, and viewing AI as a multiplier reshaping every customer touchpoint and business line.

Amazon Shuts Kindle Store Access for 2012-Era Kindles
technology2 days ago

Amazon Shuts Kindle Store Access for 2012-Era Kindles

Amazon will end Kindle Store access for devices released in 2012 or earlier on May 20, 2026, meaning those Kindles (and some Kindle Fire ebook access) won’t be able to download new ebooks even if they still work. Users can read downloaded books, transfer files via USB, or use the Kindle app/Kindle Cloud Reader to access libraries; Amazon is offering a 20% discount + a $20 ebook credit for upgrading, while alternatives like Libby or Bookshop.org exist for new purchases.

Readers Spotlight the Best Bets in Amazon’s Big Spring Sale
technology10 days ago

Readers Spotlight the Best Bets in Amazon’s Big Spring Sale

CNET bundles readers’ favorite picks from Amazon’s Big Spring Sale, highlighting top deals across Apple, Anker, TVs, laptops/tablets, headphones, smart home, vacuums, outdoor gear and budget finds. With the sale running March 25–31 and ending today, favorites include the Dinictis travel backpack ($20), Anker 65W charger ($30), Blueair Blue Pure 311i Max purifier ($169), Apple AirPods Pro 3 ($240), MacBook Air M4 15-inch ($999), AirTags 4-pack ($60), TCL 65-inch QM8K TV ($998) and Samsung 65-inch OLED S90F ($1,398), plus under-$25 steals like Gritin lights ($10) and a PlayHot fan ($15). The guide covers categories from TV and headphones to gaming, smart home and Blu-ray, notes that Prime membership isn’t required but can help, and acknowledges competing sales from Best Buy/Walmart with Prime Day later potentially offering similar discounts; overall, electronics and tech offer the deepest price cuts during the event.

Last-Minute TV Deals Illuminate Amazon's Spring Sale 2026
technology11 days ago

Last-Minute TV Deals Illuminate Amazon's Spring Sale 2026

Amazon's Big Spring Sale runs March 25–31, offering a wide range of TV deals across sizes under 50 in, 50–65 in, and over 65 in, with discounts up to $1,400 on brands like Samsung, Sony, Hisense, TCL and Insignia. Notable picks include Samsung 43-Inch The Frame LS03F at $698, Roku 55-Inch smart TV at $268, Sony 65-Inch Bravia (K-65S30) at $648, and LG 77-Inch B5 OLED around $1,600. Prime membership is not required, though it provides early access and faster shipping; other retailers such as Best Buy, Target, and Walmart are running parallel spring sales, so cross-shopping for deals is common.

Amazon's Big Spring Sale 2026 unleashes record-low prices on Apple, DJI, and Kindle gear
technology11 days ago

Amazon's Big Spring Sale 2026 unleashes record-low prices on Apple, DJI, and Kindle gear

Mashable provides live updates on Amazon's Big Spring Sale 2026, highlighting record-low prices across Apple products (AirPods Max 2, MacBook Air M4, AirPods Pro 3), DJI drones, Kindle e-readers, and related accessories, with the sale running through March 31 and frequent stock changes as deals roll out across TVs, power stations, and other gadgets.

Amazon's Big Spring Sale unlocks 100+ deals across Apple, Sony, Kindle and more
technology11 days ago

Amazon's Big Spring Sale unlocks 100+ deals across Apple, Sony, Kindle and more

Mashable notes that Amazon's Big Spring Sale is live through March 31 with 100+ discounts across categories like Apple, Kindle, Bose, Sony, TVs, laptops, vacuums and more, plus live updates via a live blog and daily deal drops. Highlights include Apple AirPods Pro 3 for $199, Kindle Paperwhite at $134.99, a 65-inch Samsung Q8F TV for $597.99, and discounted MacBook Air 15-inch (M4) for $1,099, along with deep savings on flagship headphones, speakers, and other gadgets.