Amazon announced a plan to invest up to US$50 billion to expand artificial-intelligence (AI) and high-performance computing infrastructure for U.S. government customers via its cloud computing arm, Amazon Web Services (AWS). The project is scheduled to begin in 2026 and will add nearly 1.3
Amazon is reducing approximately 14,000 corporate positions globally, with nearly 700 jobs cut in New York City alone, as part of a wide-ranging overhaul of its workforce. The company states the changes focus on streamlining operations and realigning roles rather than solely cost-cutting. The NYC reductions affect executive and corporate offices, not warehouse or delivery
mazon.com Inc. has sent a legal notice to Perplexity AI, ordering the startup to stop its AI shopping tool, Comet, from operating on Amazon’s platform. The retail giant claims that the AI-driven bot violates its terms of service and creates a poor shopping experience by attempting automated purchases through unauthorized means. Dispute Over AI Shopping […]
Digital commerce giant Amazon is set to reduce its corporate workforce by up to 30,000 employees, representing nearly 10 percent of its estimated 350,000-strong corporate staff. This would mark the company’s largest job-cutting exercise since the 27,000 layoffs in late 2022 and early 2023. Reason Behind The Cuts Executives cited over-hiring during the pandemic, rising […]
Amazon is preparing to reduce its reliance on human workers by automating a large share of its U.S. operations. According to internal planning documents, the company aims to replace around 600,000 jobs by 2033 with robotics and artificial intelligence. A phased target reportedly includes eliminating 160,000 positions by 2027. Company’s Clarification Responding to reports,
“While we are going broke, we are going broke slowly.” That wasn’t a late-night comedian taking a jab at Washington. It was David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, warning in sober financial language what most Americans already feel in their wallets: the United States is drowning in debt, and the government […]















