The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.

Following is the unofficial transcript of a FIRST ON CNBC interview with Amazon CEO Andy Jassy and OpenAI CEO Sam Altman with Andrew Ross Sorkin on CNBC's "Squawk Box" (M-F, 6AM-9AM ET) today, Friday, ...

Amazon layoffs part of broader tech industry restructuring Layoffs affect nearly 10% of Amazon's corporate workforce Amazon mistakenly sent email early, unsettling AWS staff Jan 28 (Reuters) - Amazon ...

SEATTLE — Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the ecommerce company in three months. The tech giant has said it plans to use generative artificial ...

Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a senior vice president at the ecommerce giant, made the announcement Wednesday in a blog ...

Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a senior vice president at the ecommerce company, made the announcement Wednesday in a blog ...

SAN FRANCISCO - Amazon on Tuesday, Jan. 27, appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday morning by sending a commiseration email ...

Amazon.com is closing all of its Amazon Go and Amazon Fresh physical stores in a shift to focus on its online same-day delivery service and expand its Whole Foods Market business. The e-commerce giant ...

Amazon is expected to undergo another round of layoffs this week, according to an exclusive report from Reuters, in an effort to trim its workforce by approximately 30,000 employees. This is ...

Amazon Reportedly Set to Lay Off Another 14K Workers Following Similar 2025 Cuts Your email has been sent Amazon is expected to make another round of corporate layoffs this week. Both Reuters and ...

Amazon is planning to cut thousands of jobs as part of a broader push to eliminate nearly 10% of its corporate workforce, according to Reuters. After initially cutting roughly 14,000 white-collar jobs ...

The Seattle-based company plans to begin issuing pink slips starting Tuesday, according to a Reuters report, citing two people familiar with the matter. This is part of Amazon's broader effort to cut ...