How Amazon's massive stake in OpenAI could boost its AI and cloud businesses

The deal could ease some of Wall Street's fears about Amazon's monster $200 billion capex spending, and accelerate its ...
CNBC

Amazon laying off about 14,000 corporate workers as it invests more in AI

Amazon is laying off 14,000 corporate employees. The company said it's cutting roles to help make the company leaner and less bureaucratic, while it looks to invest in generative artificial ...
The Motley Fool

Where Will Amazon Stock Be in 5 Years?

Amazon's e-commerce division is gigantic, but still has plenty of room to grow. In cloud computing, the company is getting an uplift from the rising use of AI. Amazon's e-commerce and cloud divisions ...
GeekWire

Amazon deepens Anthropic ties with equity conversion, adding billions to Q1 profit

A slide promotes Amazon’s Anthropic partnership at AWS re:Invent 2023, not long after it was announced. (GeekWire File Photo / Todd Bishop) A portion of Amazon’s investment in AI startup Anthropic ...
phillyvoice.com

Amazon to close all Fresh grocery stores, including one in Northern Liberties that opened in August

Amazon Fresh, the tech giant's branded grocery store chain, will soon close all locations nationwide as the company looks to expand its Whole Foods Markets and invest in speedier grocery delivery ...