Amazon to cut up to 16,000 corporate jobs
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Amazon.com, Inc. AMZN-backed AI developer Anthropic is reportedly in a standoff with the Pentagon over how its artificial intelligence tools can be used. Pentagon Vs. Anthropic: A High-Stakes AI Dispute The dispute centers on whether Anthropic's AI models,
Amazon.com Inc. is in talks to invest as much as $50 billion in OpenAI and expand an agreement that involves selling computer power to the AI startup, according to a person with knowledge of the matter.
Amazon.com Inc. is shuttering its Amazon-branded grocery stores and automated grab-and-go markets, eliminating two centerpieces of its push into physical retail.
Amazon.com Inc. has reached a settlement, which plaintiffs counsel estimates to total $1 billion, in consumer fraud class action litigation targeting its return policy.
Amazon.com Inc. today announced a round of layoffs that will affect about 16,000 employees.
Amazon.com Inc.’s efforts to build and refine its artificial intelligence systems have revealed a troubling side effect: a dramatic increase in suspected child sexual abuse material uncovered within data used for AI training.
A U.S. bankruptcy judge has dismissed Amazon.com Inc.‘s (NASDAQ:AMZN) attempt to block a proposed financing deal to aid Saks Global Enterprises during its Chapter 11 bankruptcy. On Thursday, Judge Alfredo Perez approved a preliminary $400 million financing package for Saks following a courtroom battle between the retailer and several creditors,
Amazon.com, Inc. (NASDAQ:AMZN) is one of the AI Stocks in Focus on Wall Street. On January 27, Stifel analyst Mark Kelley raised the price target on the stock to $300.00 from $295.00 on Tuesday, while maintaining a Buy rating.
Amazon ranked well in a new American Customer Satisfaction Survey. It is by far the largest among its rivals in terms of revenue.