Amazon Stock Drops 7% Amid AI Spending Worries, Cloud Growth Impacted

Amazon stock drops 7% amid AI spending worries despite strong cloud growth. Discover the latest financial insights now.

Observer Voice·1d ago

Amazon confirms new AI-related layoffs focused on tech giant's own AI division

KOMO·2d ago

Amazon layoffs: E-commerce company cuts 250 more jobs after eliminating thousands of roles

Amazon is eliminating up to 250 positions in its devices and services business, with software development teams bearing the brunt of the latest reductions. The move comes amid fresh Alexa hardware ...

Firstpost·2d ago

Google, Microsoft, Amazon face investor pressure to justify massive AI spending as earnings loom

Google, Microsoft and Amazon face investor pressure to justify massive AI spending as earnings loom, with questions over costs, profits and future returns.

Hindustan Times on MSN·3d ago

[sector-0] Does through-service begin with a single change? ── Amazon's "TorchNeuron" and three interpretations of its intent

"Just change one setting" and "no need to rewrite code."On October 20, Reuters reported this as an explanation from the semiconductor division regarding new software Amazon released for its own AI ...

note·Oct 20

Amazon Announces Executive Changes

Amazon was set to appoint Aidan Marcuss as head of its Alexa division next month, as longtime executive Daniel Rausch steps away from leading the voice assistant and moves to another role within the...

MarketScreener·Oct 10

Amazon shares fall 7.5% as Q3 earnings miss forecasts and AI spending weighs on cash flow

Amazon (NASDAQ:AMZN) shares declined 7.5% in premarket trading after the technology and e-commerce group reported third-quarter earnings and revenue below Wall Street expectations, while its ...

InvestorsHub on MSN·1d ago

Amazon layoffs 2026: 250 employees affected as company restructures device business

Amazon has announced another round of job cuts, with up to 250 positions being eliminated in its Devices and Services division.

Asianet Newsable on MSN·2d ago

Companies laying off staff this year include Meta, Amazon, and Dropbox — see the list

Business Insider·2d ago

Amazon tells software engineers what really matters as AI ushers in the era of the 'Renaissance Developer'

Amazon's new software engineering guidelines warn against chasing AI usage metrics and emphasize business results over token consumption.

Insider·4d ago

AWS Launches TorchNeuron to Challenge NVIDIA in the AI Ecosystem

On Monday, Amazon Web Services (AWS) released a tool called TorchNeuron to help AI startups more easily migrate their AI applications to Amazon ...

kucoin·Oct 19

Amazon shuffles Alexa leadership following high-end tablet release

ET Enterprise AI·Oct 10

Amazon Layoffs: 250 Software Engineering Positions Eliminated in Devices Unit; Check Details

Amazon has cut approximately 250 jobs in its devices and services division, mainly affecting software development roles. The move follows around 1,000 retail job cuts earlier in October 2026, taking...

LatestLY·1d ago

AI Replacing Tech Workers? Amazon Lays Off 250 Employees Via Early Morning Emails

Amazon has laid off 250 employees in its devices unit, primarily in software development, with workers informed through early morning emails as the company expands its AI push.

Republic World·2d ago

Amazon Layoffs: 250 Employees In Devices Unit Lose Jobs Amid AI Push

Amazon has laid off 250 employees in its devices unit, which makes Kindle and Echo products, as the company increases its focus on AI and streamlines operations.

Oneindia·3d ago

Amazon unveils TorchNeuron to make its Trainium AI chips easier to use

Amazon launched TorchNeuron, an open-source PyTorch backend that runs code on Trainium chips with one line, challenging Nvidia's software edge.

Crypto Briefing·Oct 24

OpenAI appointed ex-xAI executive Uday Ruddarraju to replace Sachin Katti as its infrastructure and compute chief amid leadership changes in its data center division. Ruddarraju joined OpenAI in July 2025 and became chief technology officer for compute in

Instagram·Oct 15

Amazon just reshuffled its Alexa leadership

Amazon has announced a leadership change in its Alexa division, with Aidan Marcuss replacing Daniel Rausch as head, following the release of new high-end tablets.

NewsBytes·Oct 9