36 articles tagged
Amazon announced a $200 billion investment plan for AI and robotics, a day after major layoffs were confirmed at The Washington Post, owned by Jeff Bezos.
Amazon is cutting 16,000 jobs, signaling a major strategic shift as the tech industry restructures to prioritize artificial intelligence and automation.
Amazon announced it is cutting an additional 16,000 jobs, bringing the recent total to 30,000, as it restructures to prioritize speed and AI development.
India is attracting over $67.5 billion in AI data center investments from Microsoft, Amazon, and Google over five years, cementing its role as a global AI infrastructure hub.
Artificial intelligence has been cited as a key factor in nearly 55,000 U.S. job cuts in 2025, part of a larger trend that saw 1.17 million layoffs this year.
Amazon has removed its experimental AI-generated video recap for the 'Fallout' series after fans discovered significant factual errors in the summary.
Amazon has committed to investing over $35 billion in India by 2030, targeting the country's cloud and artificial intelligence infrastructure to boost jobs and growth.
Workers who train major AI models are expressing deep distrust in the technology, citing rushed timelines and poor quality control, and are warning their own families to avoid using it.
Amazon has issued a cease-and-desist letter to AI startup Perplexity, demanding it stop its AI agent, Comet, from making purchases on the e-commerce site.
A surge in AI stocks led by Nvidia and Amazon pushed the Nasdaq higher, while the Dow Jones fell amid mixed economic signals and corporate deal news.
Amazon's latest earnings report confirms its heavy spending on AI is yielding returns, particularly in its AWS cloud division, sparking a wider stock rally.
Tech giants including Google, Meta, Microsoft, and Amazon are dramatically accelerating their multi-billion dollar spending on AI, fueling concerns of a market bubble.
