Amid a flurry of tech industry layoffs, Amazon’s recent culling of some 14,000 staff stands out for one dramatic reason: it was blamed, for the most part, on advances in AI — a technology that Amazon Senior Vice President Beth Galetti wrote was “the most transformative technology we’ve seen since the Internet,

Andy Jassy explains Amazon’s 14,000 layoffs, buying Nvidia chips, upcoming Trainium3 AI chips, AWS capacity and sales growth, and its Bedrock AI agent platform.

The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.

Retail job losses are surging, with Amazon and Target cutting nearly 32,000 corporate jobs combined, signaling a major industry restructuring.

Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will cut 14,000 jobs, citing a goal of "reducing bureaucracy, removing layers."

Customers who engage with Rufus during their shopping journey are 60% more likely to complete a purchase compared to those who don't.

Good morning. Big Tech inks fresh AI megadeals. Lenskart’s blockbuster IPO stirs valuation jitters. And tax cuts set off a festival shopping frenzy across India. Listen to the day’s top stories.

Amazon Music is enhancing its app with Alexa+ AI, enabling conversational music discovery on iOS and Android. Early access users can now ask complex questions about artists, genres, and music history, receiving dialogue-based responses. This advanced voice ...