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Amazon shares sink

Amazon shares tumble as it joins the Big Tech AI spending spree

Amazon is the latest US tech giant to announce a huge increase in spending on artificial intelligence (AI) and infrastructure. Reporting its annual results on Thursday, Amazon said it will put $200bn (£147.7bn) this year into building out its business, with much of it going on AI.

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Amazon shares sink as it prepares $200bn AI spending blitz

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Amazon sees 50% boost to capital spending this year, shares tumble

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Amazon’s $200 Billion Spending Plan Raises Stakes in A.I. Race

Amazon said on Thursday that it would spend $200 billion this year on data centers, satellites and other big-ticket items as it invests heavily in the race for artificial intelligence.

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Amazon plans $200B AI spending surge, sinking stock

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Amazon Powers Up Record Q4 Sales, Forecasts 50% Increase in Capex for 2026 to $200 Billion

Did artificial intelligence really drive layoffs at Amazon and other firms? It can be hard to tell

When Amazon announced it was cutting 16,000 corporate jobs, many assumed it was the latest phase of CEO Andy Jassy’s push to reduce the corporate workforce as AI brings more efficiency gains

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Amazon cutting 16,000 jobs as it ramps up AI push

Amazon is axing 16,000 jobs as it ramps up a push to use AI in the workplace. “The reductions we are making today will impact approximately 16,000 roles across Amazon, and we’re again working hard to support everyone whose role is impacted,

Amazon to Phase Out Palm-Scan Payments at All Whole Foods Locations

Amazon is preparing to shut down one of its most experimental retail technologies, signaling a retreat from biometric payments inside its grocery business.

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Amazon is ending its palm ID system for retail, Amazon One, as it closes physical stores

Amazon is winding down its Amazon One palm recognition service as the company retreats from physical retail experiments.

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Anker's newest, fastest charging station is now available at Amazon

Need a reliable charger? The Anker Prime 3-in-1 Wireless Charging Station lets you charge your iPhone, AirPods and Apple Watch at the same time.

GlobalData on MSN

Amazon and IIT Roorkee to use crop waste for eco packaging

The project seeks to repurpose by-products such as wheat straw and sugarcane residue into paper mailers.

22,000 layoffs hit tech in January 2026, driven by cuts at Amazon, Meta and Ericsson

Thousands of tech workers were laid off in January 2026 as companies including Amazon, Meta, and Ericsson cut jobs at the start of the year, continuing a multi-year pattern of restructuring across the industry.

Forbes

Small Business Technology News This Week: Windows 11 Hallucinations, Amazon’s AI Agents, Nana Banana Pro Gets Tested

Small Business Technology News #1 – Microsoft Warns: Windows 11 agentic features may hallucinate. Microsoft has introduced experimental agentic AI features in Windows 11 – but warns they may hallucinate, produce unexpected outputs, and pose new ...

CNBC

Starbucks brings in new chief technology officer from Amazon Grocery

Starbucks announced Friday that it has hired a new chief technology officer, Amazon veteran Anand Varadarajan. Varadarajan, who spent the past 19 years at Amazon, most recently led technology and supply chain for the tech giant's worldwide grocery stores ...

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Amazon falls after vowing to spend $200 billion on AI this year

Amazon.com Inc. shares dropped after the company said it plans to spend $200 billion this year on data centers and other equipment, worrying investors the company’s colossal bet on artificial intelligence will pinch profits and may not pay off.