The AI-related layoffs at Amazon and some other firms reflect a "hollowing out of middle-skilled workers," Lynn Wu, a ...
On Tuesday, Amazon laid off 14,000 employees in an effort to improve operations by removing layers of bureaucracy, according ...
Amazon is pouring billions into AI infrastructure. Its cloud boss says the company feels "quite good" about its strategy.
Amazon added 3.8 gigawatts of cloud-computing capacity in the past 12 months — the most out of any cloud provider, according ...
Retail job losses are surging, with Amazon and Target cutting nearly 32,000 corporate jobs combined, signaling a major ...
Amazon CEO Andy Jassy talked up AI in Thursday's release, saying that the technology has sparked "meaningful improvements in every corner of our business." He said the company is seeing "strong demand ...
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 faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will ...
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Amazon’s Coming AI Cash Burn: Bullish Signal or Time to Sell?
Amazon (NASDAQ:AMZN) is gearing up for massive investments in artificial intelligence (AI), with capital expenditures ...
Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins ...
Just one week after a report that Amazon wanted to replace 75% of its workforce with robots, the online retail giant has ...
AI is the future of computing, and it looks like Apple is falling behind. This is evident in its slowing financial growth ...
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