Amazon will reduce its workforce as it implements more AI services and functionality, the company announced Monday.

Environmental groups and Michigan’s attorney general have filed separate challenges against a federal order that is keeping a ...

When factoring in the non-public shares, Symbotic trades at about 10 times trailing-12-month sales, while profitability is still a touch below breakeven.

Amazon CEO Andy Jassy said the company will reduce its workforce, and Microsoft is reportedly planning thousands of layoffs, ...

Amazon anticipates generative artificial intelligence will reduce its corporate workforce as the online giant begins to increase its usage of the technology.