Amazon has announced it will be scything more than 14,000 jobs as part of its efforts to streamline operations in the era of artificial intelligence. “What we need to remember is that the world is changing quickly,

The company's top human resources executive said Tuesday that the tech giant needs to be "organized more leanly" due to the "transformative" nature of AI.

Amazon said it has completed its Project Rainier data-center cluster, which is powered by nearly 500,000 of the company’s Trainium 2 chips.

Amazon’s cloud-computing arm plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country.

Amazon.com said on Wednesday it has launched its compute cluster project called Rainier, and added that artificial intelligence firm Anthropic will use more than a million chips of the infrastructure by the end of the year.

Amazon has confirmed it will cut 14,000 corporate jobs as part of a strategic shift towards artificial intelligence.

The job cuts at Amazon were announced Tuesday and account for 4% of the online retail company’s corporate workforce.

Twitch is facing another brutal round of layoffs as Amazon slashes tens of thousands of jobs amid a major pivot to artificial intelligence.

A major announcement from the country's second biggest private employer says it will slash its corporate workforce by 14,000 people. One of the reasons for the cuts? Artificial intelligence. And more companies may follow.

Although Nvidia remains popular with many billionaire investors, it's not their favorite AI stock. The only AI common denominator for billionaires Ken Griffin, Izzy Englander, Chase Coleman, David Tepper, Bill Ackman, and Warren Buffett is Amazon.