Amazon.com Inc. has become the latest company to ink a deal with OpenAI, a move that's sending the stock higher and solidifying its status as an artificial-intelligence winner.
Despite having to make allowances for paying out close to $2bn in severance payments, Amazon’s results show its cloud arm is continuing to go from strength to strength.
Markets stay steady as investors track earnings, trade progress and AI financing risks despite ongoing U.S. shutdown.
Amazon is clear that to complete a sustainable future, it cannot rely on so much staff. That is why it has already announced that it intends to cut 14,000 office jobs. Its CEO, And ...
Third quarter earnings season is in full swing, and analysts expect S&P 500 companies grew their profits by 8% during the ...
Al Jazeera on MSN
OpenAI, Amazon sign $38bn AI deal
OpenAI has signed a new deal valued at $38bn with Amazon that will allow the artificial intelligence giant to run AI workloads across Amazon Web Services (AWS) cloud infrastructure. The seven-year ...
AfroTech on MSN
Amazon CEO Andy Jassy Says The Recent Layoffs Of 14,000 People Was About ‘Culture’ And Not Financially- Or AI-Driven
The post Amazon CEO Andy Jassy Says The Recent Layoffs Of 14,000 People Was About ‘Culture’ And Not Financially- Or AI-Driven ...
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