Amazon Web Services joined the agentic AI frenzy in a big way this week, revealing at a New York City event Wednesday a host of services and tools dubbed Agentcore that let technologists build and deploy so-called AI agents capable of automating internal tasks while potentially overhauling the way consumers interact with online businesses too.

During the keynote, there was news about updates to EventBridge and the AWS Free Tier, as well as thoughts about how agentic AI is “upending the way software is built.”

This means that investors shouldn't expect Amazon to turn a $10,000 investment today into a cool $1 million by the summer of 2035. This seven-figure target implies a monster 100-fold gain, or 58.5% annualized, over the next decade. That's not a sensible view to have for any financial asset.

Amazon has laid off hundreds of employees in its AWS cloud division as part of a broader restructuring effort driven by the growing adoption of generative AI and CEO Andy Jassy's push to streamline operations.

Amazon Web Services on Monday released Kiro, a program that allows developers to write code with help from artificial intelligence.

Amazon Web Services VP Francessca Vasquez explains how companies are deploying AI, from pilot to production across industries.

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Deepak Singh, Vice President at Amazon Web Services, discusses the insatiable demand for AI chips and how the technology is driving the company's business and growth.