The thesis that “every other corporate leader looks to copy this blueprint, they must rent the infrastructure from AWS” overstates AWS’s position. Google Cloud, Microsoft Azure, and Oracle Cloud Infrastructure all compete for enterprise AI workloads. AWS is the largest cloud provider, not the only one.

Big Tech continues to wrestle with mass layoffs, most recently with Amazon’s announcement of 16,000 job cuts. It’s a trend that started long before the AI race: organizational change brought by the arrival of new technology.

You know those little screens at Whole Foods checkouts where you can pay by just scanning your palm, like tech from science fiction or a spy movie? The service is called Amazon One. And it’s going away.

Amazon is shutting down all 72 of its Amazon-branded grocery stores, including Amazon Fresh and Amazon Go. According to the company, it will convert some of those locations into Whole Foods Market-branded stores.

Both of these stocks look like exceptional AI-powered picks in 2026.

Including cozy fashion, hydrating skincare, and early spring cleaning essentials

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm.