Tag: Amazon

Why Amazon is Cutting 16,000 Jobs and What AI Has to Do With It

As Amazon confirms a second massive wave of corporate layoffs in 2026, the tech world is debating whether this is a simple cost-cutting measure or the first major example of AI-driven workforce displacem

Why Amazon is Cutting 16000 Jobs to Accelerate Its Global AI Shift

Amazon has confirmed a massive second round of corporate layoffs, cutting 16,000 roles to eliminate management layers and redirect billions of dollars toward its 2026 AI infrastructure and custom silicon

Nvidia Strikes $20 Billion Strategic Deal with Groq to Solve the AI Inference Bottleneck

In a move that has sent shockwaves through Silicon Valley, Nvidia has finalized a $20 billion licensing and talent agreement with AI chip startup Groq, securing the industry’s most advanced inference tec

Amazon Eyes $10B OpenAI Bet to Dominate AI Cloud Wars

Amazon negotiates over $10 billion investment in OpenAI to lock in ChatGPT workloads on AWS. Strategic alliance counters Microsoft rivalry bolstering enterprise AI supremacy amid escalating cloud battles

Amazon Developing Cutting-Edge AR Glasses to Compete with Meta

The augmented reality (AR) glasses market is relatively novel.

Amazon Unveils Lens Live: AI Shopping Steps Into Reality

The company is bringing real-life shopping experiences with AI.

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