Amazon.com, Inc. (AMZN)
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Amazon is laying off 16,000 employees, marking its largest-ever corporate job cuts. This move, part of a broader strategy to streamline operations and pivot towards AI, reflects the company's shift in focus after pandemic-era over-hiring. With nearly 10% of its corporate workforce impacted, this signals a significant recalibration in how Amazon plans to operate moving forward.
Latest News
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Robinhood CEO Vlad Tenev Downplays AI Job Fears, Saying 'AI Will Lead To An Explosion Of New Jobs' While Warning Change 'Makes Us Very Nervous' Robinhood CEO Vlad Tenev Downplays AI Job Fears, Saying 'AI Will Lead To An Explosion Of New Jobs' While Warning Change 'Makes Us Very Nervous' | about 5 hours ago |
Susquehanna Lifts UPS Price Target, Maintains Neutral Stance Susquehanna Lifts UPS Price Target, Maintains Neutral Stance | about 5 hours ago |
Susquehanna Lifts UPS Price Target, Maintains Neutral Stance United Parcel Service, Inc. (NYSE:UPS) is included among the 13 Best February Dividend Stocks to Buy. On January 20, Susquehanna analyst Bascome Majors lifted his price target on United Parcel Service, Inc. (NYSE:UPS) to $115 from $105 while maintaining a Neutral rating on the stock. The firm said parcel demand looks steady in the near […] | about 5 hours ago |
Microsoft Inks $750 Million Cloud Deal with AI Firm Perplexity Microsoft Inks $750 Million Cloud Deal with AI Firm Perplexity | about 5 hours ago |
Microsoft Inks $750 Million Cloud Deal with AI Firm Perplexity The three-year commitment will let Perplexity deploy AI models through Microsoft’s Foundry service, including those made by OpenAI, Anthropic and xAI, according to people familiar with the deal, who requested anonymity to discuss a private matter. “We are excited to partner with Microsoft for access to frontier models from X, OpenAI and Anthropic,” a Perplexity spokesperson said. | about 5 hours ago |
Perplexity secures $750 million Microsoft deal amid Amazon legal feud - Bloomberg Perplexity secures $750 million Microsoft deal amid Amazon legal feud - Bloomberg | about 5 hours ago |
Perplexity secures $750 million Microsoft deal amid Amazon legal feud - Bloomberg Investing.com -- AI search startup Perplexity has signed a $750 million agreement with Microsoft Corporation (NASDAQ:MSFT) to utilize its Azure cloud infrastructure. According to Bloomberg, citing people familiar with the matter, the three-year commitment allows Perplexity to deploy frontier models via Microsoft’s Foundry service. The deal highlights Microsoft’s aggressive push to establish Azure as the premier destination for diverse AI application development. By hosting models from OpenAI, An | about 5 hours ago |
Robinhood CEO Vlad Tenev Downplays AI Job Fears, Saying 'AI Will Lead To An Explosion Of New Jobs' While Warning Change 'Makes Us Very Nervous'
Robinhood CEO Vlad Tenev Downplays AI Job Fears, Saying 'AI Will Lead To An Explosion Of New Jobs' While Warning Change 'Makes Us Very Nervous'
Susquehanna Lifts UPS Price Target, Maintains Neutral Stance
Susquehanna Lifts UPS Price Target, Maintains Neutral Stance
Susquehanna Lifts UPS Price Target, Maintains Neutral Stance
United Parcel Service, Inc. (NYSE:UPS) is included among the 13 Best February Dividend Stocks to Buy. On January 20, Susquehanna analyst Bascome Majors lifted his price target on United Parcel Service, Inc. (NYSE:UPS) to $115 from $105 while maintaining a Neutral rating on the stock. The firm said parcel demand looks steady in the near […]
Microsoft Inks $750 Million Cloud Deal with AI Firm Perplexity
Microsoft Inks $750 Million Cloud Deal with AI Firm Perplexity
Microsoft Inks $750 Million Cloud Deal with AI Firm Perplexity
The three-year commitment will let Perplexity deploy AI models through Microsoft’s Foundry service, including those made by OpenAI, Anthropic and xAI, according to people familiar with the deal, who requested anonymity to discuss a private matter. “We are excited to partner with Microsoft for access to frontier models from X, OpenAI and Anthropic,” a Perplexity spokesperson said.
Perplexity secures $750 million Microsoft deal amid Amazon legal feud - Bloomberg
Perplexity secures $750 million Microsoft deal amid Amazon legal feud - Bloomberg
Perplexity secures $750 million Microsoft deal amid Amazon legal feud - Bloomberg
Investing.com -- AI search startup Perplexity has signed a $750 million agreement with Microsoft Corporation (NASDAQ:MSFT) to utilize its Azure cloud infrastructure. According to Bloomberg, citing people familiar with the matter, the three-year commitment allows Perplexity to deploy frontier models via Microsoft’s Foundry service. The deal highlights Microsoft’s aggressive push to establish Azure as the premier destination for diverse AI application development. By hosting models from OpenAI, An