For the quarter ending June 30, Amazon’s net sales rose a healthy 13% to top $167.7 billion, with North American sales rising 11% on a year-over-year (YoY) basis. Operating income also went up, ...

Google DeepMind CEO Demis Hassabis believes AI may surpass doctors in diagnosis but won't replace nurses, highlighting the ...

Amazon is overhauling its Wondery podcast business, a move that will see around 110 employees lose their jobs and Wondery CEO Jen Sargent step down.

Microsoft had reported stellar financial results and strong growth that could be connected to artificial intelligence. After the market closed, extended-hours trading shot Microsoft's share price up ...

Amazon’s net sales increased 13% to $167.7 billion in the second quarter, compared with $148 billion in the prior year period ...

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Executives at Ford, Amazon and JP Morgan are publicly warning of deep job losses as AI reshapes their operating models.

The rise of generative AI has resulted in over 10,000 job cuts in July and more than 27,000 since 2023 in the US. Younger ...

Amazon.com Inc. plans to make OpenAI’s new open artificial intelligence models available to customers, the first time the cloud computing giant has offered products from the leading AI startup.

Coming alongside last week’s ‘least surprising revelation’ that Amazon Web Services (AWS) market dominance is not healthy, ...

Amazon is restructuring its audio division, leading to 110 layoffs at Wondery and the departure of CEO Jen Sargent. The ...

Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive ...