Amazon Slashes Jobs in General AI Division Amid Ongoing Restructuring

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On July 22, Amazon announced layoffs in its general AI division, according to on-chain news sources. This follows earlier rounds of cuts since January. A spokesperson stated the move is part of a strategy to focus on customer-driven projects and accelerate progress in key areas. The reduction includes positions within the AGI team. The update comes amid ongoing developments in AI and crypto news.

According to ME News, on July 22 (UTC+8), Amazon (AMZN) conducted layoffs within its Artificial General Intelligence (AGI) division on Wednesday, marking the latest in a series of smaller-scale layoffs following a major round in January. “We have been building large AI models for years, and this remains one of our most important initiatives,” said an Amazon spokesperson. “We are focusing our efforts on the projects most critical to our customers to accelerate progress in key areas. This focus has required some difficult decisions, including reducing positions within the AGI organization.” (Source: BlockBeats)

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