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The cuts affect hundreds of staffers in AWS' store technology and sales and marketing units.Sales growth in AWS' has decelerated in recent quarters as companies trimmed their cloud spend.A day earlier, Amazon said it would remove its cashierless checkout technology from its U.S. Fresh stores.Attendees walk through a...

Jakub Porzycki | Nurphoto | Getty ImagesAmazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race. The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that's widely viewed as a front...

OpenAI CEO Sam Altman is seeking trillions of dollars in investments to overhaul the global semiconductor industry, The Wall Street Journal reported.Altman has long talked of the supply-and-demand problem with AI chips — many AI giants want them, but there aren't enough to go around — and that it limits OpenAI's gro...

Amazon continues to trim its headcount after a year of mass layoffs. Beginning at the end of 2022 and continuing through 2023, Amazon initiated the largest layoffs in its history, cutting more than 27,000 jobs across almost every area of the company.Team,We've taken significant steps towards our long-term vision of ...