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Top The Verge News

Amazon · United StatesAmazon 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
Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates
49% Center coverage: 286 sources

AMD · United StatesThe U.S. has formed a $1 billion partnership with Advanced Micro Devices to construct two supercomputers that will tackle large scientific problems ranging from nuclear power to cancer treatments to national security, Energy Secretary Chris Wright and AMD CEO Lisa Su told Reuters.See the Story
US Department of Energy forms $1 billion supercomputer and AI partnership with AMD
43% Center coverage: 21 sources
