Amazon Cuts Nearly 1,000 Jobs as Company Steps Up AI Spending
Amazon has cut nearly 1,000 white-collar jobs, mainly in its Stores division, as the e-commerce giant continues to restructure its workforce and increase spending on...
Tag : AI spending
Oracle Beats Q1 Estimates as AI Demand Boosts Backlog
Oracle topped Wall Street’s Q1 estimates and eased investor worries about AI spending, as strong cloud demand pushed its backlog higher. The results point to...