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Top NDTV Gadgets 360 News

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates — REUTERS / pwu404

Amazon · United States

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

55% Center coverage: 385 sources

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO in 2021, said that he anticipated generative AI would reduce Amazon’s corporate workforce in the next few years.See the Story

Musk Launches AI-Powered Grokipedia to Rival Wikipedia — VINCENT FEURAY/Hans Lucas/AFP via Getty Images via Getty Images

Artificial Intelligence · Slovenia

Musk Launches AI-Powered Grokipedia to Rival Wikipedia

42% Center coverage: 172 sources

Elon Musk on Monday launched Grokipedia, an AI-powered alternative to Wikipedia. The platform hosts 885,279 articles compared to approximately 7.1 million featured on its more established counterpart.See the Story

Microsoft, OpenAI reach new deal to allow OpenAI to restructure — LIONEL BONAVENTURE/AFP via Getty Images via Getty Images

Business · United States

Microsoft, OpenAI reach new deal to allow OpenAI to restructure

55% Center coverage: 107 sources

Microsoft said on Tuesday it has reached a deal with OpenAI to allow the ChatGPT maker to restructure itself into a public benefit corporation, following which Microsoft would hold a stake of about $135 billion - or 27% - in the AI startup.See the Story

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