Amazon, AI and will lay off
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Retail job losses are surging, with Amazon and Target cutting nearly 32,000 corporate jobs combined, signaling a major industry restructuring.
Amazon's deep job cuts challenge its AI tools to prove they can do more with less.
The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.
Amazon has announced it will be scything more than 14,000 jobs as part of its efforts to streamline operations in the era of artificial intelligence. “What we need to remember is that the world is changing quickly,
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Amazon earnings preview: Wall Street zeroes in on AWS and AI investments ahead of Q3 report
Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins.
A major outage last week disrupted Amazon's cloud division for 15 hours, affecting hundreds of companies and raising questions about AWS' resilience.
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Amazon defends ambitious AI strategy that could prevent 600,000 future hires through innovation
Amazon's AI systems and advanced technology will create a "safe, more productive" environment for employees as the e-commerce giant plans to avoid hiring 600,000 workers by 2033.
Walmart and OpenAI join forces to bring AI-powered shopping to ChatGPT, forever changing search, discovery, and retail competition with Amazon.
Amazon’s biggest AI data center is now operational in Indiana, with half a million AWS Trainium2 chips entirely devoted to powering OpenAI rival Anthropic. Just over a year ago, it was nothing but cornfields.