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Amazon founder Jeff Bezos is returning into a formal leadership role more than four years after leaving Amazon. The billionaire will serve as co-chief executive (co-CEO) of Project Prometheus, a new AI company that has secured $6.2 billion in funding, partly from Bezos himself, according to The New York Times. This marks Bezos’s first operational…
Jeff Bezos is returning to a formal leadership role for the first time since leaving Amazon, taking the helm of a heavily funded artificial intelligence startup focused on revolutionizing manufacturing and engineering. The billionaire will serve as co-chief executive of Project Prometheus, a new AI company that has secured $6.2 billion in funding, partly from…
Jeff Bezos’s Blue Origin achieved a historic milestone by successfully landing its massive New Glenn rocket booster on a droneship in the Atlantic Ocean, prompting congratulations from rival SpaceX CEO Elon Musk. The successful landing marks a pivotal moment in the commercial space race, making Blue Origin only the second company after SpaceX to master…
Amazon recently eliminated around 14,000 corporate positions, marking its biggest job cuts since the pandemic-era. Now, it appears that once again the company has fired hundreds of employees. According to a filling on the state’s WARN (Worker Adjustment and Retraining Notification) dashboard, Amazon has laid off 660 employees across nine of its New York City…
How an Amazon recruiter’s layoff story echoes the pain of millions in tech From California to Bengaluru, corporate corridors are echoing with the same uneasy phrase: “workforce restructuring.” Over the past year, global giants including Amazon, Google, Meta, IBM, and Accenture have announced sweeping layoffs as they “streamline operations” and “pivot to AI.” Thousands of…
Amazon founder Jeff Bezos recently revealed the advice he once received from a student of Harvard Business School. Jeff Bezos once revealed that a Harvard student advised him to sell Amazon to Barnes & Noble and exit the business just as the company was preparing to go public in 1997. The anecdote, recounted in Brad…
Andy Jassy, CEO of Amazon Amazon announced a new round of layoffs last month, impacting about 14,000 employees. Days later CEO Andy Jassy clarified that the job cuts are not impacted by AI or aimed to cut costs. Instead, the reason behind Amazon’s 14,000 job cuts is ‘culture’. “The announcement that we made a few…
Perplexity AI is very upset over the legal notice that the company has received from Amazon. The ‘Cease and Desist’ notice from Amazon asks Perplexity to block its AI agent on the Comet browser from making purchases on Amazon’s platform on behalf of users. Perplexity has rejected Amazon’s claims, accusing the e-commerce giant of using…
Amazon has sent a cease-and-desist letter to Perplexity AI, demanding the artificial intelligence search startup stop allowing its new AI browser agent, Comet, to make purchases on Amazon for users, Bloomberg reported, citing people familiar with the matter. According to the report, Amazon accused Perplexity of computer fraud and terms-of-service violations, alleging the company’s AI…
Billionaire philanthropist and Jeff Bezos’ ex-wife, MacKenzie Scott, has donated $80 million to Howard University, marking one of the largest single donations in the school’s 158-year history and continuing her recent surge of major contributions to diversity and equity causes. The donation, announced over the weekend by Howard University, comes as Scott – estimated to…
