Amazon, layoffs
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Tech giants start reporting earnings today — as Amazon announces it's cutting around 16,000 roles.
Amazon's growing portfolio of artificial intelligence initiatives will be in the spotlight in early February.
Investors have made a pile of money recently by focusing on niche stocks in the AI trade. Earnings from some of the world’s biggest technology companies will offer an indication of whether they should stick to that strategy in 2026.
Microsoft and Meta will kick off Big Tech earnings this week under pressure to prove that their costly bets on artificial intelligence can power another year of strong growth as a resurgent Alphabet takes the lead in the high-stakes race.
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Amazon weighs huge OpenAI investment as AI funding race accelerates
Big Tech funding race intensifies around OpenAI
The fourth-quarter earnings season will give the megacaps an opportunity to lay out their 2026 spending visions and, in some cases, defend those plans.
For years, tech work was plentiful, especially for those with big names on their resumes. Today, layoffs are up and opportunities are scarce.
The post Amazon’s Big Bet: A $50B OpenAI Deal to Challenge Tech Dominance appeared first on Android Headlines.
Big Tech health system partnerships expand virtual care and AI tools across Cleveland Clinic, Rush University, and others to improve patient access
Microsoft appears set to be part of the next big wave of investment in OpenAI. According to The Information, Microsoft is in discussions to invest less than $10 billion in the well-known AI company. Microsoft's investment would be part of a funding round that will potentially include NVIDIA investing up to $20 billion and Amazon investing $10 billion or more.
As an electricity crunch drives bills higher around the country, big tech companies building power-hungry data centers are increasingly offering to pay for more of the energy they consume, so everyday people don’t get stuck with the bill.