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 says it is cutting 14,000 corporate jobs, as it invests more in artificial intelligence. That represents about five-percent of the online retailer's overall staff.

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,

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.

AWS plans to invest nearly $5 billion in South Korea by 2031 to establish AI data centers, with the aim to enhance the country's AI industry. This was announced during a meeting between AWS CEO Matt Garman and President Lee Jae Myung at the APEC Summit.

GYEONGJU, South Korea (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new artificial intelligence data centres in the Asian country, South Korea's

Amazon on Wednesday said it is speeding up the automation of its warehouses with the help of artificial intelligence and robotics, raising questions about the future of human workers.