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The Latest Breaking News from Peter DeSantis

AMZN Stock Layoffs: What to Know as Amazon Cuts AI Jobs

Amazon announces layoffs affecting employees in its Artificial General Intelligence division. Wall Street remains bullish on AMZN shares heading into the giant’s Q2 earnings on July 30.

At VivaTech, AI hype gives way to harder questions about security, sovereignty, and value

At VivaTech, AI hype gives way to harder questions about security, sovereignty, and value

As 180,000 attendees descended on Paris, conversations revolved around cybersecurity risks, European dependence on U.S. AI, and whether the returns on AI investment are actually materializing.

Amazon’s AI Chief Predicts a Commercial Quantum Computer Will Be Usable Within 7 Years. Why This Matters.

Amazon’s AI Chief Predicts a Commercial Quantum Computer Will Be Usable Within 7 Years. Why This Matters.

Amazon's AI chief says the first commercially useful quantum computer is just five to seven years away. Here is what that means for investors and the tech industry.

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Amazon Says Commercially Useful Quantum Computers Are Moving Closer To Becoming a Reality

Amazon has now offered its clearest public timeline yet on when quantum technology could begin delivering practical business applications.

International Business Times

Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominance

Amazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold in the market. Amazon's AI chief confirmed discussions are underway. The company sees a growing demand for AI infrastructure globally. This expansion could significantly impact the AI chip…

The Economic Times

Amazon CEO Andy Jassy announces departure of AI exec Rohit Prasad in leadership shake-up

Prasad’s exit comes after Amazon struggled to show its internal AI efforts could match those of rivals—and just as reports surface that Amazon is discussing a big investment into OpenAI.

Amazon’s return to office rule could take 3 years to become a reality, says senior exec: ‘It hasn’t been perfect.’

Amazon CEO Andy Jassy has been tough with his return to office mandate—senior exec Peter DeSantis had a more compromising tone.

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