News

Amazon is shutting down its Shanghai artificial intelligence lab, which was established by its cloud services arm in 2018, ...
I think that AI and generative AI specifically is the most transformative technology of our lifetime, which is saying a lot, given that we have had the internet,” he told CNBC.
Amazon's CEO, Andy Jassy, says AI will transform jobs at the company. The tech will create new jobs in robotics and AI, despite automating some existing roles, he said. Amazon has 500 open ...
Amazon CEO Andy Jassy wrote in a memo to employees on Tuesday that the company's extensive use of AI and agents is expected to "reduce our total corporate workforce as we get efficiency gains ...
Amazon CEO Andy Jassy told staff AI will reduce corporate roles over time, citing efficiency gains. The memo sparked backlash, with employees criticising the plan and Jassy’s leadership. Concerns were ...
Amazon CEO Andy Jassy told employees that AI will reduce head count as the company gets "scrappier." Management commentators say his memo might open the floodgates for more AI job-loss talk. Vague AI ...
Amazon Web Services on Monday released Kiro, a program that allows developers to write code with help from artificial ...
A hacker injected system-wiping commands into Amazon's Q AI assistant, which were then publicly released, highlighting major ...
Andy Jassy said the pace of transitioning to AI is a factor to keep an eye on. He worries that the country's education system won't set people up for the future economy. Amazon has invested heavily in ...
Even though we're back to a bull market, the S&P 500 has lost some of its year-to-date gains recently. It's up 5% for the year so far, but the Federal Reserve continues to push off its interest ...
Amazon CEO Andy Jassy is finally going all in on generative AI.In his annual letter to shareholders on Thursday, the Amazon chief said the technology is the company’s next major product ...
The World Economic Forum is underway in Davos, Switzerland, and many prominent government and business leaders are in attendance, including Amazon's (NASDAQ: AMZN) CEO Andy Jassy. Fortune magazine ...