June 18, 2025

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amazon, nvidia and microsoft Updates

Amazon CEO Andy Jassy has been vocal about the company's plans to integrate AI, particularly generative AI, across its operations. He anticipates a reduction in Amazon's corporate workforce due to increased efficiency from AI-driven automation. Jassy is encouraging employees to acquire AI skills to remain valuable, as the company invests heavily in AI, with over 1,000 AI services in progress. These services include improvements to Alexa, AI shopping assistants, and coding tools. Amazon is also investing approximately $100 billion in AI infrastructure, including data centers. Other companies like Shopify and Duolingo are also exploring AI to streamline their workforce. Meanwhile, SK Hynix's shares have surged due to plans to build South Korea's largest AI data center in partnership with Amazon Web Services. South Korea is becoming a hub for AI data centers, with significant investments from IGIS Asset Management and Stock Farm Road. In other AI news, analysts are reaffirming Nvidia's leadership in AI, citing its CUDA platform. IBM is projected to potentially reach $18 EPS by 2027, driven by AI consulting and software. Clay, a sales automation platform, has been valued at $3 billion after a Series C funding round, while Jeeva AI is launching a new AI-powered sales platform. Amadeus is partnering with Microsoft and OpenAI to introduce AI tools for the hospitality industry. SAS is offering free AI training in the UK as part of an initiative to train millions in AI skills. Apiiro's report indicates varying levels of AI adoption and security across industries, with retail integrating AI faster but financial institutions having greater risk exposure. Pope Leo XIV has identified AI as a new social crisis, raising concerns about its moral and spiritual implications. EasyAlgos AI is offering free access to Forex Expert Advisors, aiming to democratize algorithmic trading.

Key Takeaways

  • Amazon CEO Andy Jassy expects AI to reduce the company's corporate workforce and is encouraging employees to learn AI skills.
  • Amazon has over 1,000 AI services in progress and is investing heavily in AI infrastructure, including data centers.
  • SK Hynix's shares rose after announcing plans to build South Korea's largest AI data center with Amazon Web Services.
  • South Korea is investing heavily in AI data centers, attracting foreign companies in the Asia-Pacific region.
  • Analysts reaffirm Nvidia as the leader in AI, citing its CUDA platform as a key advantage.
  • IBM's EPS is projected to potentially reach $18 by 2027, driven by AI consulting and software.
  • Clay, a sales automation platform, has been valued at $3 billion after a Series C funding round.
  • Amadeus is partnering with Microsoft and OpenAI to introduce AI tools for the hospitality industry.
  • SAS is offering free AI training in the UK to train millions in AI and technology skills.
  • Pope Leo XIV has identified AI as a new social crisis, raising concerns about its moral and spiritual implications.

Amazon CEO Jassy shares thoughts on Generative AI progress

Amazon CEO Andy Jassy discussed the company's progress using Generative AI to improve customer experiences. He highlighted applications like Alexa+, AI shopping assistants, and tools for sellers. Jassy believes AI agents will change how people work and live, allowing for faster innovation. Amazon has over 1,000 Generative AI services in progress and plans to expand further. The company expects AI to change job roles, needing fewer people in some areas and more in others.

Amazon expects job cuts as AI use increases

Amazon CEO Andy Jassy said the company anticipates cutting corporate jobs as it uses more artificial intelligence. He believes AI will make work more efficient, requiring fewer people for some tasks. Amazon is investing heavily in AI, planning to spend more than $100 billion this year. Jassy envisions AI agents changing how people work and live, leading to faster innovation. Other companies like Crowdstrike and Duolingo are also replacing workers with AI.

Amazon to reduce workforce with generative AI rollout

Amazon CEO Andy Jassy announced that the company will reduce its corporate workforce in the coming years due to generative AI. AI will automate tasks, changing the types of jobs needed at Amazon. The company is using GenAI to improve efficiency and customer experience in areas like inventory, chatbots, and product pages. An analyst noted that AI is improving productivity, reducing the need for hiring, especially in software development. Other tech companies like Microsoft and Google have also laid off employees.

Amazon CEO Jassy says AI will shrink workforce

Amazon CEO Andy Jassy announced that the company's corporate workforce will shrink as it uses more AI tools. He said fewer people will be needed for some jobs, while more will be needed for others. Jassy encouraged employees to learn how to use AI tools to improve efficiency. Amazon is investing heavily in AI and building data centers to support the technology. Other companies like Shopify and Klarna have also discussed using AI to reduce their workforces.

Amazon CEO says AI may cut corporate jobs

Amazon CEO Andy Jassy said that the company's use of generative AI may lead to a reduction in its workforce. He stated that fewer people will be needed for some jobs as AI takes over tasks. Jassy encouraged employees to learn about AI and experiment with it to improve efficiency. Amazon has over 1,000 AI services in progress, including the next generation Alexa and AI shopping tools. Jassy believes AI agents will change how people work and live.

Amazon CEO says AI skills key for future employees

Amazon CEO Andy Jassy said that employees with AI skills will be better positioned for the future at Amazon. He expects the company's corporate workforce to shrink as AI is adopted. Jassy encouraged employees to learn about AI and use it to improve their work. Amazon is already using AI in various areas, including Alexa+, shopping assistants, and coding tools. The company has over 1,000 AI projects in progress and expects to build more.

Amazon CEO says AI will reduce corporate workforce

Amazon CEO Andy Jassy said that AI will reduce the company's corporate workforce in the next few years. He stated that fewer people will be needed for some jobs as AI takes over workplace duties. Amazon is investing heavily in AI technology and has 1,000 AI services in progress. Jassy believes AI agents will free up human workers for more creative roles. However, some employees are concerned about the increased pressure to use AI and meet higher output goals.

Amazon CEO says AI will cut white-collar jobs

Amazon CEO Andy Jassy announced that generative AI will reduce the company's workforce in the coming years. He said fewer people will be needed for some jobs due to efficiency gains from AI. It is unclear how many employees will be affected or when the job cuts will happen. Jassy advised workers to learn about AI and experiment with it to remain valuable to the company. Other executives have also suggested that AI advancements will lead to job cuts.

Amazon to cut jobs as AI replaces employees

Amazon is warning employees that AI will lead to a smaller workforce in the future. CEO Andy Jassy said AI's efficiency gains will reduce the need for human workers. He believes AI will change how people work and live, with AI agents becoming common. Jassy encouraged employees to see AI as teammates that can improve with experience. Other tech companies have also warned about AI's impact on white-collar jobs.

Amazon CEO says AI will shrink workforce

Amazon CEO Andy Jassy told employees that artificial intelligence is expected to reduce the company's headcount. He said AI will improve efficiency in both corporate roles and warehouse operations. Jassy encouraged employees to learn how to use AI to remain valuable to the company. Other tech firms have also been pushing to use AI, citing productivity improvements. Experts are debating whether AI will eliminate jobs or create new ones.

Amazon prepares employees for AI-driven layoffs

Amazon CEO Andy Jassy said the company's use of AI will reduce its corporate workforce. He encouraged employees to learn about AI to potentially survive future layoffs. Amazon has been cutting jobs in departments it cares less about. Jassy's message suggests more layoffs are coming as the company focuses on AI to boost its stock price. Other companies have also tried to go all-in on AI at the expense of human labor.

Amazon CEO says AI will cut jobs

Amazon CEO Andy Jassy announced that advancements in AI will reduce the company's corporate headcount. He said fewer people will be needed for some jobs due to AI's efficiency. Jassy encouraged workers to learn about AI and use it to improve their work. Amazon has over 1,000 AI services in progress and plans to launch more in the future. Other companies like Shopify and Duolingo have also discussed using AI to impact their workforce.

Amazon CEO says AI will lead to layoffs

Amazon CEO Andy Jassy said that AI will lead to layoffs and change the way work is done at the company. He stated that fewer people will be needed for some jobs as AI takes over tasks. Jassy encouraged employees to learn about AI and educate themselves. Amazon has over 1,000 AI services in progress and is investing heavily in the technology. Jassy believes AI will make jobs more exciting but also reduce the overall number of jobs.

Amazon CEO says AI will reduce corporate workforce

Amazon CEO Andy Jassy said he expects the company's workforce to decline as it uses artificial intelligence to handle more tasks. He stated that AI will change the way work is done, requiring fewer people for some jobs. Jassy encouraged employees to experiment with AI. Concerns have been raised about AI potentially replacing workers, leading companies like Shopify and Duolingo to make changes.

Amazon CEO admits AI will cut jobs

Amazon CEO Andy Jassy warned that generative AI will reduce the company's corporate workforce in the next few years. He said AI will change how work is done, requiring fewer people for some jobs. Amazon has over 1,000 AI services in the works and plans to upgrade its inventory management and customer service with AI. Jassy encouraged employees to learn about AI. Other AI leaders have also warned about the potential for job losses due to AI advancements.

Amazon employees criticize CEO's AI job cuts memo

Amazon CEO Andy Jassy told employees that AI will shrink the company's white-collar workforce. Employees criticized Jassy's message, questioning leadership's vision and the risks of overrelying on AI. Some worried about looming layoffs, while others demanded that leadership share in the fallout. One employee wrote that it was demotivating to learn their job would be replaced by AI. Others suggested AI should be seen as a partner rather than a replacement.

Amazon CEO says AI will reduce corporate jobs

Amazon CEO Andy Jassy expects the company's workforce to decline as it uses AI to handle more tasks. He said AI will change how work is done, requiring fewer people for some jobs. Jassy encouraged employees to experiment with AI. Concerns have been raised about AI potentially replacing workers, leading companies like Shopify and Duolingo to make changes. Amazon is investing heavily in AI and has been using it for years in logistics and headquarters roles.

Amazon CEO says AI will reduce workforce

Amazon CEO Andy Jassy said he expects the company to have a smaller workforce as AI takes over more tasks. He stated that fewer people will be needed for some jobs due to AI's efficiency gains. Amazon has over 1,000 AI services in progress and is investing heavily in the technology. Jassy believes AI agents will change how people work and live. Concerns are growing that AI could lead to broader job displacement.

Amazon boss says AI will replace jobs

Amazon boss Andy Jassy told staff to embrace AI and warned that the technology will lead to a smaller corporate workforce. He said AI is expected to lead to efficiency gains that will allow the firm to reduce its corporate workforce. Companies, especially in the tech sector, have been investing heavily in AI. Some tech leaders have warned of job losses, especially in entry-level office roles. Amazon employs more than 1.5 million people around the world.

Amazon says AI will mean fewer jobs

Amazon CEO Andy Jassy warned white-collar employees that their jobs are at risk from artificial intelligence. He said the company is deploying AI across its operations to lower costs. Jassy stated that the company wants to increase its use of AI, which would mean job losses. Amazon has committed to invest roughly $100 billion in AI infrastructure. Technology company bosses have been reluctant to publicly say that AI will lead to job cuts.

Analysts reaffirm Nvidia as AI leader

Analysts at Mizuho reaffirmed Nvidia as the leader in the artificial intelligence race. They cited Nvidia's CUDA platform as a key advantage for AI training and inference. CUDA is Nvidia's computing platform and programming model. DBS analyst Fang Boon Foo also maintained a positive outlook on Nvidia, highlighting its partnership with Mistral AI. Nvidia's GPUs are boosting its market share in AI chips.

IBM could deliver $18 EPS by 2027

Evercore ISI analyst Amit Daryanani raised IBM's stock price target, maintaining an "Outperform" rating. The firm believes IBM can sustain sales and earnings growth over the next several years. This could enable the company to reach $16-$18 of EPS power in three years. IBM is a multinational technology company and a pioneer in artificial intelligence. They offer AI consulting services and a suite of AI software products.

Jeeva AI redefines sales with AI platform

Jeeva AI is launching a new sales platform that uses AI agents to improve outbound sales. Unlike other platforms, Jeeva's agents think, learn, and optimize in real time. The platform automates thinking by evaluating lead quality, personalizing messages, and scheduling follow-ups. Jeeva's CEO Gaurav Bhattacharya says the platform is built to behave like a sales team. The platform goes live in under 48 hours and integrates with CRM, email, and messaging platforms.

Clay valued at $3 billion in AI sales automation

Clay, a sales automation platform, has closed a Series C funding round valuing the company at $3 billion. Clay integrates with over 100 data providers and tools, acting as a data orchestration layer. Key features include AI-powered research, no-code workflow automation, and scalable personalization. Clay's clients range from OpenAI to small consulting agencies. The company faces competition from data providers, all-in-one sales platforms, and general-purpose AI models.

SK Hynix shares rise on AI data center plans

SK Hynix shares hit a 2-decade high after reports that SK Group plans to build South Korea's largest AI data center. The data center will be built in partnership with Amazon Web Services in Ulsan. SK Hynix shares have surged almost 50% this year due to the AI boom. SK Hynix is a leading supplier of DRAM used in PCs, workstations, and servers. The company has captured 70% of the HBM market, used in AI servers.

SAS offers free AI training in UK

SAS is joining a UK initiative to train 7.5 million workers in AI and technology skills over the next five years. The company will provide free training resources and expert support. The program aims to embed AI literacy across sectors, focusing on responsible innovation. SAS will offer courses in Data Literacy Essentials and Responsible Innovation and Trustworthy AI. The company also supports education programs like the Future Analysts program and SAS STEP.

Korea rushes to build AI data centers

South Korea is investing heavily in building AI data centers. IGIS Asset Management plans to invest $1.3 billion to build two AI data centers in Busan. SK Group and Amazon Web Services plan a $5.1 billion joint investment in Ulsan. Stock Farm Road will invest at least $10 billion to install one of the world's largest AI data centers in South Korea by 2028. These data centers will make South Korea attractive for foreign companies in the Asia-Pacific region.

EasyAlgos AI offers free access to Forex Expert Advisors

EasyAlgos AI has launched a platform offering free access to top-performing MetaTrader Expert Advisors (EAs) for Forex trading. The EAs have up to 8 years of verified MyFxBook track records. The platform aims to make algorithmic trading accessible by removing technical and financial barriers. Users can access all EAs at zero cost by meeting a minimum deposit threshold and using a partnered broker. One EA has logged over +11,000% total growth since 2018.

Amadeus unveils AI tools for hospitality with Microsoft and OpenAI

Amadeus is partnering with Microsoft and OpenAI to bring AI to the hospitality industry. They are introducing AI-powered tools to improve decision-making and streamline group booking responses. Amadeus Advisor Chat is being integrated into Demand360 for real-time insights. Email to RFP functionality in MeetingBroker automates responses to group booking requests. Amadeus plans to develop dedicated AI agents for each of its hospitality solutions.

Pope Leo XIV identifies AI as new social crisis

Pope Leo XIV has identified artificial intelligence (AI) as a critical issue facing humanity. He connects AI to social crises addressed by previous Popes. Concerns include AI leading to idolatry, loneliness, and amplifying human sinfulness. Theologian Noreen Herzfeld warns against replacing relationships with God and others with AI. Christians are urged to address the moral and spiritual implications of AI technology.

Apiiro report shows AI risk differences across industries

A new report from Apiiro reveals that different industries are adopting and securing generative AI in software development differently. Retail organizations are integrating AI faster than financial institutions. Financial institutions are moving more cautiously but with greater risk exposure. Retail codebases are more likely to contain sensitive data. Retail developers are consolidating around OpenAI's tools, while financial teams are experimenting with a broader range of tools.

Sources

Amazon Andy Jassy Generative AI AI Job Cuts Workforce Reduction Efficiency AI Skills AI Agents Customer Experience Alexa+ AI Shopping Assistants Data Centers Layoffs Productivity Innovation AI Services AI Tools Nvidia CUDA AI Training AI Inference IBM AI Consulting AI Software Jeeva AI Sales Platform Sales Automation Clay SK Hynix AI Data Centers SAS AI Literacy EasyAlgos AI Forex Trading Expert Advisors Amadeus Hospitality Industry Microsoft OpenAI Pope Leo XIV Social Crisis Moral Implications Apiiro Software Development Risk Management Retail Financial Institutions