Amazon to Cut 16,000 Corporate Jobs Amid AI Investments
Amazon announced plans to cut roughly 16,000 corporate roles, the second major reduction since October, as it invests heavily in artificial intelligence and organizational efficiency.
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Amazon announced plans to cut roughly 16,000 corporate roles, the second major reduction since October, as it invests heavily in artificial intelligence and organizational efficiency.
Microsoft has introduced Maia 200, a new AI chip built with TSMC and designed to power GPT-5.2 and Microsoft 365 Copilot, promising faster, more efficient AI...
OpenAI is in talks with Middle Eastern sovereign wealth funds about a potential funding round that could raise roughly $50 billion, underscoring sustained investor appetite for...
Anthropic is preparing to raise $10 billion at a $350 billion valuation, nearly doubling its recent value. Major backers include GIC, Coatue, Microsoft, and Nvidia, supporting...
OpenAI is in talks to raise up to $100 billion in new funding, a deal that could value the ChatGPT maker as high as $830 billion....
Amazon is reportedly in early talks to invest up to $10 billion in OpenAI in a deal tied to the use of its AI chips. The...
Microsoft will invest $17.5 billion over four years to expand AI and cloud infrastructure in India, supporting national AI platforms and workforce training initiatives.
Baidu is scaling up its in-house AI-chip business via its Kunlunxin unit, unveiling a five-year roadmap with M100 and M300 chips and aiming to fill the...
Amazon is investing up to $50 billion to expand AI and supercomputing capacity for U.S. government agencies through AWS’s secure cloud regions, adding nearly 1.3 gigawatts...
Nvidia reported strong third quarter results driven by soaring demand for its data center GPUs and Blackwell architecture. The company raised its outlook as AI infrastructure...