Recent Research Reveals AI Could Bring Over $580 Billion in Additional Profits to Amazon and Walmart


Amazon lays off 14,000 full-time employees (4% of global workforce) without warning as part of its 30,000-person optimization plan. Accounts were locked immediately, preventing work handovers.....
Amazon's stock rose 13% due to continuous investment in the AI field and strong growth in its cloud computing business. The latest financial report shows that the revenue growth rate of its cloud computing division has reached a new high in recent years, reflecting the strong demand for cloud services, especially with the acceleration of enterprise migration to the cloud driven by AI technology.
Amazon cuts 14,000 jobs (4% of workforce), mainly in retail and logistics. First 7,500 layoffs target L5-L7 managers. Offers 90-day internal rehiring priority with severance, career support, and health benefits.....
Mark Zuckerberg, CEO of Meta, stated in the earnings call that AI technology will drive social media into a new phase: in the future, platforms will see a large amount of AI-generated content, greatly enriching the resource library of recommendation systems. He reviewed the two development stages of social media - from sharing among friends and family to creator content - indicating that AI will usher in a new era of content creation.
Amazon AWS announced that it will add a $5 billion investment in South Korea over the next six years to expand AI data centers, and cooperate with SK Group to build a large facility in Ulsan. The total investment in South Korea will reach $12.6 billion, highlighting its strategic importance of the South Korean market.