Amazon is cutting employees in the unit focused on general artificial intelligence (AGI). The reductions affected part of the team working on AGI development. The company has not disclosed the exact number of layoffs.
Amazon/AWS
According to Nikkei Asian Review, five leading US technology companies (Alphabet, Microsoft, Amazon, Meta, Oracle) have increased their hidden debt related to opaque artificial intelligence financing eightfold over four years to $1.65 trillion. Alphabet alone has future expenditure commitments of $811 billion, of which about $200.7 billion are short-term.
Alphabet
Microsoft
Amazon/AWS
Meta
Oracle