Amazon says around 16,000 roles will be eliminated as the e-commerce giant works to reduce the number of layers in its organizational structure.
Amazon (AMZN) unveiled Trainium3 to undercut Nvidia on price and performance in AI infrastructure. AWS revenue growth reaccelerated to 20.2% in Q3 with AI chip adoption up 150% quarter-over-quarter.
The company will close 57 Fresh stores and 15 Amazon Go locations, converting some into Whole Foods stores.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results