Amazon cut 16,000 jobs citing AI while Bezos predicts labor scarcity, and AMZN shares are up 6% YTD on $200 billion in capex. AI infrastructure winners NVDA (+13%) and AVGO (+16%) are surging YTD, ...

This Costco employee’s story is less about a stroke of luck than it is the financial arithmetic of staying put at a company ...

A classic trick in the Trump playbook: take credit for a company’s sale or investment that was already in the works.

City leaders in Sioux Falls announced a $15 million grant from the Bezos Earth Fund, earmarked to revitalize a little-known ...

Thousands of construction workers may soon live in sprawling "man camps," adding another layer to data center disruption.

Unions have a hard time even existing in the US, as the recent struggles to establish a union for Amazon workers have shown.

Amazon's Right Station Link aims to boost warehouse efficiency by automatically capturing data on warehouse roles such as maintenance and safety.

Amazon founder Jeff Bezos said the rise of artificial intelligence (AI) won't lead to the replacement of humans in the workforce and will instead create labor shortages. Bezos spoke at the VivaTech ...

Amazon founder Jeff Bezos on Wednesday said he thinks artificial intelligence will create a shortage of labor rather than replacing human labor. Bezos and Blue Origin CEO David Limp were both in ...

Two weeks ago, OpenAI said it would relaunch the robotics program it shuttered in 2021 — the latest signal that the biggest AI labs are racing to teach machines to operate in the physical world. But ...

Bezos bypassed venture capital entirely, securing $12 billion from JPMorgan (JPM) and Goldman Sachs (GS) at a $41 billion valuation. Bezos cites Amazon (AMZN) to argue AI creates a labor shortage, not ...

A new startup, led by Amazon co-founder Jeff Bezos, just raised $12 billion to build an “artificial general engineer.” Called Prometheus, the company claims a valuation of $41 billion and technology ...