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AI, Amazon

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Highlights
 · 17h
Amazon to Invest $25 Billion in This AI Start-Up
In a blog post published on Monday, Amazon ( AMZN +1.06%) announced it would invest up to $25 billion in artificial intelligence (AI) start-up Anthropic.

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 · 6d · on MSN
Amazon started as an e-bookstore. Now it's everywhere with everything
 · 15h
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
 · 20h
AI Startup Anthropic Commits $100 Billion to Amazon's AWS Over Next 10 Years
Artificial intelligence company Anthropic has signed a new agreement to commit more than $100 billion over the next 10 years to Amazon’s AWS cloud platform to train and run its Claude chatbot

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 · 21h
These stocks are popping after Amazon and Anthropic expand their chip partnership
 · 1d
Anthropic has ‘unprecedented’ demand — and it’s leaning on Amazon for support
 · 20h
Amazon Agrees To Invest Up to $25 Billion in Anthropic In Latest Big Tech AI Tie-Up
Anthropic will use more of Amazon's custom AI hardware, and Amazon will invest between $5 billion and $25 billion in the Claude chatbot maker.

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The Next Web · 1d
Amazon puts up to $25 billion more into Anthropic and secures 10-year cloud commitment in return
EconoTimes · 1d
Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon, pressuring Walmart

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 · 1d · on MSN
Amazon allegedly pressured companies to raise product prices with other retailers
Rob Bonta, the Attorney General of California, has released an unredacted copy of a legal document that the state filed in relation to its lawsuit against Amazon, containing details of the company’s alleged price fixing scheme.

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 · 1d
California says Amazon pressured retailers to boost prices on their websites to not undercut it
 · 1h · on MSN
Amazon accused of pressuring Walmart and Target to raise prices
CNBC
5mon

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 intelligence. The layoffs are expected to ultimately be the ...
GeekWire
2mon

Amazon confirms 16,000 more corporate job cuts, bringing total to 30,000 since October

Amazon is laying off another 16,000 corporate employees globally, the company confirmed Wednesday morning, the second phase in a restructuring that now totals 30,000 positions — adding up to the largest workforce reduction in the company’s history.
Fast Company
2mon

Why Amazon is killing Amazon Go and Amazon Fresh

Amazon will double down on the Whole Foods brand, killing two of its own physical retail experiments in the process. The online retail giant said Tuesday that it will close all of its Amazon Go convenience stores and Amazon Fresh brick-and-mortar grocery ...
6don MSN

Amazon buys satellite communications company in push to compete with Starlink

Amazon moved to buy satellite communications company Globalstar for $10.8 billion on Tuesday in order to compete with Elon Musk’s Starlink service. The announcement demonstrates how the technology company is committed to increasing its footprint in space,
GeekWire
5mon

Amazon confirms 14,000 corporate job cuts, says push for ‘efficiency gains’ will continue into 2026

Amazon CEO Andy Jassy has been pushing to reduce bureaucracy across the company. (GeekWire Photo / Todd Bishop) Amazon confirmed Tuesday that it is cutting about 14,000 corporate jobs, citing a need to reduce bureaucracy and become more efficient in the ...
KING5
2mon

Amazon announces 16,000 layoffs as business booms

SEATTLE — Even as Amazon reports record earnings, the company is eliminating thousands of positions. Wednesday, the company announced it was laying off 16,000 corporate employees to streamline operations and free up money for investments into artificial ...
CNBC
2mon

Amazon laying off about 16,000 corporate workers in latest anti-bureaucracy push

Amazon is laying off about 16,000 corporate workers in its latest push to reduce bureaucracy. It marks the second round of mass job cuts at the company since last October. A day earlier, some employees in Amazon's cloud unit received an email sent in an ...
Fast Company
2mon

Amazon Go is dead. Was grab-and-go retail a fantasy?

When Amazon announced this week that it’s shutting down Amazon Go, its 8-year-old chain of cashierless convenience stores, the news did not come as a shocker. Almost two years ago, the company shuttered all its Go stores in San Francisco, along with some ...
8don MSN

Amazon buys the satellite internet company behind Apple’s SOS system

Amazon has today announced it is merging with satellite internet provider Globalstar Inc. to bolster Leo, its Starlink rival. Globalstar isn’t a household name but you do know its work, as it provides Apple’s emergency satellite connectivity for compatible iPhones and Watches.
Hosted on MSN
25d

Amazon delivery company owners organize to seek higher pay

Amazon.com is facing a new labor challenge, this time from small-business owners who run the company’s package-delivery network. A group calling itself DSPs for Equitable and Fair Treatment, or Deft, went public on Black Friday, saying its goal is to ...
4don MSN

Amazon is acquiring Globalstar, the company that powers satellite features on your iPhone

Amazon is buying the company that makes your iPhone's satellite features work. The acquisition puts Amazon at the center of Apple's satellite features and sets the stage for a future where "no service" is a thing of the past.
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