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Amazon CEO Andy Jassy says AI will probably mean fewer jobs after 27,000 people have already been cut from its workforce
I think that AI and generative AI specifically is the most transformative technology of our lifetime, which is saying a lot, given that we have had the internet,” he told CNBC.
Amazon saw an increase in profit this quarter. The company reported a 13% increase in net sales to $167.7 billion in Q2, up ...
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Amazon CEO Andy Jassy tried to calm concern about AI cloud competition. Wall Street isn't buying it.
On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell ...
A mazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when ...
AI is being rolled out at an almost unparalleled rate for a breakthrough tech. But will it also break some important systems?
Uptime Institute's annual survey of global data center operators found that concerns about power constraints are rising ...
Amazon CEO Andy Jassy told employees that AI will reduce head count as the company gets "scrappier." Management commentators say his memo might open the floodgates for more AI job-loss talk.
Amazon CEO Andy Jassy said the quiet part out loud this week, predicting AI will reduce its workforce. At least he’s honest about it, even if he trotted out the “free up workers for higher ...
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