Inside Andy Jassy’s Plans for AI at Amazon
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Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Happy Friday! Tax day is Monday, but don't sweat it.…
Amazon CEO Andy Jassy released his annual letter to shareholders on Thursday — and yes, AI was a major theme.Jassy said in the letter that generative AI "may be the…
When you buy through our links, Business Insider may earn an affiliate commission. Learn more When it comes to welcoming Alexa into your home, you've got a lot of devices…
Another robotics startup has raised a large amount of money, signaling a rebound in investor appetite in the space.Collaborative Robotics, an automation startup founded by former Amazon Robotics chief Brad…
Google announced the development of its own Arm-based CPU processor Axion.The move gives Google an edge in its competition with Amazon and Microsoft in the AI cloud race. Google said Axion…
Amazon is laying off hundreds of employees in its cloud division, emails obtained by BI show. These cuts follow Amazon's elimination of about 160 advertising roles last week.This downsizing comes after…
Amazon is not giving base pay increases to many of its senior employees this year, according to people familiar with the matter.This pay freeze is due to a surge in…
Last year's job cuts weren't the end of layoffs. Further reductions have begun in 2024.Companies like IBM, Google, Microsoft, Nike, and Intel have announced plans for cuts this year.See the full…
Warren Buffett's famous warning during the internet bubble was a wake-up call for Jeff Bezos that Amazon's long-term survival was the furthest thing from guaranteed.The famed investor and Berkshire Hathaway…
Temu is expected to open its marketplace to sellers in the US and Europe in the coming weeks, and US-based Amazon sellers are telling Business Insider they're eager to launch…