As Amazon moves to lay off 16,000 corporate employees, it has offered most US-based employees 90 days to look for new role ...

Amazon is reportedly in talks to invest as much as $50 billion into Sam Altman’s OpenAI — in what would be a massive bet on ...

Global technology giant Amazon is preparing for yet another round of job cuts, with India expected to feel a significant ...

At the same time, Masayoshi Son’s Softbank also plans to invest $60 billion in the company, a year after it provided it with over $40 billion in financing. It is also working with Middle East ...

The rivals made billions of dollars in the business over the past year, showing other companies that Nvidia isn’t the only ...

OpenAI is pursuing a landmark funding round, potentially reaching US$100 billion to fuel its escalating AI infrastructure needs amid intense competition. Major tech giants and existing backers are ...

CEO Andy Jassy is leading the e-commerce giant’s negotiations with the ChatGPT maker.

Affected employees have been told that they would continue to receive full pay and benefits for a 90-day non-working period.

As layoffs pile up, workers are feeling increasingly anxious about the job market. Economists have said businesses are in a ...

By Deborah Mary Sophia, Aditya Soni and Stephen Nellis Jan 28 (Reuters) - Microsoft said on Wednesday it had spent a record ...

Microsoft said it had spent a record amount on artificial intelligence in the last quarter and posted slower cloud-computing ...

In September, Danish pharmaceutical company Novo Nordisk said it would cut 9,000 jobs, about 11% of its workforce. The ...