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 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,

Amazon has confirmed it will cut 14,000 corporate jobs as part of a strategic shift towards artificial intelligence, raising concerns about the broader economic impact. The layoffs account for about 4% of Amazon's global workforce.

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 presidential office said on Wednesday.

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. Amazon has tremendous AI-related growth prospects.

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.

Amazon, which has asserted its dominance in retail and the tech industry with its cloud computing services, has turned heads this year with dramatic workforce changes as it invests billions into artificial intelligence.

Amazon has unveiled a prototype of artificial intelligence-powered smart glasses in an attempt to enhance delivery safety and boost efficiency for its drivers.The prime motive behind this