Overview
- Amazon, which Reuters reported Thursday is in talks to buy satellite operator Globalstar, is seeking to speed Project Kuiper’s satellite internet rollout.
- The company has launched 180 Kuiper satellites toward a planned 3,200‑satellite fleet to compete with SpaceX’s Starlink, though any Globalstar deal could face hurdles from Apple’s 20% stake.
- AWS posted 24% year‑over‑year revenue growth to $35.6 billion in February, signaling a clear reacceleration in Amazon’s most profitable business.
- Reports cite a roughly $200 billion 2026 capital plan and in‑house chips such as Trainium, Inferentia, and Graviton generating over $10 billion in annualized revenue to lower AI compute costs.
- Institutional interest has climbed, with Tudor, Bridgewater, and D. E. Shaw increasing stakes, while Amazon’s advertising unit has grown into a high‑margin engine near an $80 billion run rate.