The layoffs have come in not only in the cloud services, but across the devices and services division, the books business, and the Wondery podcast group.

Amazon Web Services VP Francessca Vasquez explains how companies are deploying AI, from pilot to production across industries ...

Amazon.com, Inc. (NASDAQ: AMZN) is one of the AI Stocks Investors Are Watching Closely. On July 16, Cantor Fitzgerald analyst ...

Only a few weeks ago CEO Andy Jassy had warned employees to get acquainted with AI. He had also stated how the company would require fewer employees as Amazon continues to deploy AI in its operations.

Nvidia ( NVDA -0.42%) stock has returned 29% this year, and its market value currently stands at $4.2 trillion. Meanwhile, ...

Amazon maintains that the latest layoffs are not solely the result of AI investments but are part of an ongoing internal review ...