Amazon (NASDAQ:AMZN) announced a $5 billion investment in AI firm Anthropic and committed to another $20 billion in future investments. Amazon previously invested $8 billion in Anthropic. Anthropic ...

Amazon wants to invest in Diamond Sports Group, the embattled regional sports network operator, so Diamond can continue operating after this year. A bankruptcy judge ultimately has to approve that ...

Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but “culture.” The layoff announcement this week was “not really financially ...