The company's top human resources executive said the tech giants needs to be "organized more leanly" due to the "transformative" nature of AI.

Amazon is leaning deeper into artificial intelligence and robotics to reshape its operations and retail strategy, and analysts are raising their targets and outlook ahead of the company’s Q3 earnings on Oct.

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence.

Amazon CEO Andy Jassy has been pushing to reduce bureaucracy across the company. (GeekWire Photo /) Amazon confirmed Tuesday morning that it

Amazon said it would cut 14,000 corporate staffers this year in a mass layoff aimed at readying the company for wide adoption of AI technology.

Amazon's AI systems and advanced technology will create a "safe, more productive" environment for employees as the e-commerce giant plans to avoid hiring 600,000 workers by 2033.

Walmart and OpenAI join forces to bring AI-powered shopping to ChatGPT, forever changing search, discovery, and retail competition with Amazon.

AWS’s market share has fallen from nearly 50% in 2018 to 38% as Microsoft, Google and upstart cloud companies gain ground rapidly. Amazon is replacing executives and reorganizing teams to speed up AI product launches and restore AWS’s once-commanding competitive advantage.

Amazon's Delivering the Future Summit in California showcased AI-powered robotics and the future of the e-commerce giant's delivery wing.