Microsoft is rolling out its second-generation artificial intelligence chip, Maia 200 AI chip. The all-new AI chip aims to be a potential alternative to leading processors from Nvidia and to offerings from cloud rivals Amazon and Google. The Maia 200 chip comes two years after Microsoft said it had developed its first AI chip, the…
Amazon is planning to cut approximately 14,000 corporate jobs starting next week, marking the second major layoff wave since October and bringing total reductions to 30,000 roles. CEO Andy Jassy clarified the cuts aren’t driven by AI or financial concerns but by excessive bureaucracy and organizational layers. The layoffs will affect employees across AWS, retail,…
After laying off 14,000 employees last year, e-commerce major Amazon has now introduced a sharper question for its corporate workforce. As reported by Business Insider, Amazon has now asked its employees to list three to five accomplishments from the past year. As part of the annual performance review process, internally known as Forte, the employees…
Amazon founder Jeff Bezos has revealed the single and most important factor behind the company’s trillion-dollar success: “obsessive, compulsive focus on the customer” rather than on competitors. Speaking at the Economic Club of Washington, Bezos stressed on the fact that many of the CEOs and founders claim that they prioritise customers but in reality they…
NEW DELHI: In one of the largest global tech investment flows into India, American tech giant Amazon on Wednesday committed a mega $35 billion for its operations here, over and above the $40 billion that it has already put into the country.The ecommerce, cloud and media giant said that the investments will be made by…
Thousands of Amazon employees have signed an open letter issuing some dire warnings about the company’s move toward AI. The letter, signed by more than 1,000 workers (and counting) calls out Amazon for pushing its AI investments at the expense of the climate and its human workforce. The letter’s supporters come from a wide array…
Mayor Bruce Harrell called on Seattle’s tech powerhouses, including Microsoft and Amazon, to fulfill a “moral obligation” to reinvest in the community, highlighting their massive profits during a speech at a Fremont Chamber of Commerce event late last month. “Microsoft … they made $88 billion last year … they have an obligation to give back…
Amazon CEO Andy Jassy says that the company’s latest round of layoffs that impacted barely 14,000 people is not because of money or AI. Instead, the real reason behind Amazon job cuts is the culture, Jassy said. “The announcement that we made a few days ago was not really financially driven, and it’s not even…