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Amazon Boosts Global Reach With $4B Chile Investment

Editor May 7, 2025

The Race to Build AI’s Backbone Is On – One Company Is Already in Motion

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Amazon to spend $4 billion on cloud infrastructure in Chile
SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company’s head of South Latin America told Reuters.Amazon Web Services (AWS) expects the cloud region, its third in Latin America after Brazil and Mexico, t … Read More >>

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Microsoft wins appeal in FTC challenge to $69 billion Activision Blizzard deal
(Reuters) -A federal appeals court on Wednesday rejected a legal challenge by the Federal Trade Commission to Microsoft’s $69 billion purchase of “Call of Duty” maker Activision Blizzard.The San Francisco-based 9th U.S. Circuit Court of Appeals upheld a lower judge’s order that said the FTC was not … Read More >>

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Stellantis to cut up to 500 jobs through voluntary exits at Italy’s Melfi plant, union says
This follows a recent announcement for a similar voluntary redundancy plan for a total of 350 jobs at two other facilities in Italy, in Pomigliano and Pratola Serra.”It seems that a real plan to divest from Italy is taking shape. For these reasons, Fiom-Cgil has not signed the layoffs,” said Samuele Lodi of F … Read More >>

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President Trump’s inner circle has a plan that could radically change how Social Security works. In fact, just days after taking office, President Trump signed Executive Order 14179 – giving his team new powers to permanently reset how many key federal agencies work. That reset is now ready to begin – and it’s critical you start preparing your money immediately In fact, for reasons explained here, we’re expecting the next huge announcement before July 22nd at the latest.

Trump signals US might ease chip export curbs on some Gulf countries
WASHINGTON (Reuters) – President Donald Trump said on Wednesday he will soon have an announcement on whether the U.S. will ease microchip export restrictions to some Gulf countries. “We might be doing that, yeah,” Trump said. “And it will be announced soon.”Trump is preparing for his first major diplomati … Read More >>

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