Amazon joined Microsoft and Google in continue to offer Anthropic's Claude AI technology to customers after the Pentagon ...
Amazon shares plunged 12% in February as investors grow skeptical of the company's $200-billion AI spending bet.
Amazon cut at least 100 positions in its robotics unit, continuing a sweeping corporate downsizing tied to artificial intelligence efficiencies and cost controls.
Microsoft, Nvidia, Oracle, Meta, Amazon and Alphabet all saw their shares fall in the week up to the market close on Thursday ...
An Amazon spokesperson described the affected roles as a "relatively small number," confirming that affected employees would ...
Amazon.com shares fell sharply after the technology giant unveiled plans for a massive increase in AI-related spending and fourth-quarter growth in its cloud-computing unit that was slower than rivals ...
Amazon is reportedly making additional job cuts in its robotics organization as part of a broader restructuring effort aimed at ...
Job cuts continue in the global tech sector, with over 35,000 layoffs in 2026 alone. Companies such as Oracle, Amazon, and Nike have significantly reduced their workforce.