Amazon is weighing another multibillion-dollar investment in Anthropic to deepen a strategic alliance that the tech companies believe will provide an edge in the global competition to profit from artificial intelligence.

Microsoft, the second largest cloud provider, has followed Amazon's lead and made strides in chip development. In 2023, the company designed its own systems called Sidekicks to cool the Maia AI chips it developed.

AWS developed a custom liquid cooling system called the In-Row Heat Exchanger (IRHX) to cool Nvidia’s next-gen AI GPUs.

Amazon's Rufus AI-powered shopping assistant has been around for a year. Prime Day is the perfect time to test it out again. Here's what I thought.

Alibaba's AI sales have experienced seven consecutive quarters of triple-digit year-over-year growth. Amazon is infusing AI into over 1,000 apps across the company. Alibaba is the world's fourth largest cloud provider by market share,

Amazon's diversified business model allows it to benefit from many sides of the AI equation. Amazon (NASDAQ: AMZN) already incorporated this technology into many aspects of its operations, and investors can expect to see the effects of this transition over the next three years.

"We're going to hire more people in AI and more people in robotics," Jassy said on CNBC.

Andy Jassy, CEO of Amazon, said he expects the company to reduce its workforce over the next few years as it rolls out more generative AI and agents.

Meanwhile, tech giants like Amazon and Microsoft are slashing their workforce amid massive spending to build and deploy new AI models.

Amazon CEO warns AI will reduce corporate workforce as the company embraces generative AI technology, urging employees to adapt in the transformation.

Employees allege AI for ADA violas the law and their rights. Here’s what the law really says — and why human judgment still matters.