Amazon Launches Rufus AI Shopping Assistant


Amazon announces new layoffs affecting 16,000 employees, bringing total cuts to around 30,000 in under four months. Affected U.S. staff will receive 90 days of internal transfer support.....
Amazon invests $12 billion in Louisiana for a new data center campus, its first major expansion in the state, to meet rising demand for generative AI and cloud computing, highlighting tech giants' computing power race.....
OpenAI secures $110B funding, a tech industry record, partnering with Nvidia and Amazon to build a 'computing empire' and accelerate AGI development.....
OpenAI and Amazon form a strategic partnership with a $50 billion investment, starting with $1.5 billion, integrating core technologies to advance AI industry consolidation.....
OpenAI completes record-breaking $110 billion financing, with a pre-money valuation of $730 billion. SoftBank and NVIDIA each invest $30 billion, while Amazon becomes the largest single investor with $50 billion, demonstrating strong confidence in the AI sector.