Amazon's HR chief also explained the 14,000 cuts in part by saying AI is helping companies innovate faster.

Amazon said it will cut approximately 14,000 white-collar jobs as it seeks to gain efficiencies -- and as it prepares for advances in artificial intelligence in running the company.

Amazon.com said on Wednesday it has launched its compute cluster project called Rainier, and added that artificial intelligence firm Anthropic will use more than a million chips of the infrastructure by the end of the year.

Amazon is betting that its large language model is large enough to do the jobs of 14,000 humans. The company announced in a memo today that it would be cutting 14,000 corporate jobs as part of its larger aim of “reducing bureaucracy,

Walmart and OpenAI join forces to bring AI-powered shopping to ChatGPT, forever changing search, discovery, and retail competition with Amazon.

Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins.

Amazon’s biggest AI data center is now operational in Indiana, with half a million AWS Trainium2 chips entirely devoted to powering OpenAI rival Anthropic. Just over a year ago, it was nothing but cornfields.

Amazon’s cloud-computing arm plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country.