Amazon's AI Memo Sends Mixed Signals to Engineers
An internal Amazon document on developers in the age of AI went public this week. A columnist says it leaves managers room to read it either way.
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Kohli Lifts Agilitas Stake to 6.4% as One8 Merges In
Virat Kohli's sportswear brand One8 has been merged into Agilitas Sports after tribunal approval. The cricketer's holding in Agilitas rises from 1.4% to 6.4%.
AI Moves Onto Construction Sites, Safety Gains Unproven
Software firms say AI cuts paperwork and incidents for field crews. Academics told CNBC that evidence on injury prevention is still thin.
Nvidia Weighs Backing Nscale's Debt for Anthropic Campus
Nvidia is reportedly discussing a guarantee on construction financing for Nscale's West Virginia site, as the AI cloud firm eyes an IPO at up to $35 billion.
Alaska Air Group Cuts 200 Back-Office Jobs as Fuel Costs Bite
Alaska Air Group will lay off 200 non-union office employees. The company projects a loss of nearly $700 million this year, driven by jet fuel prices.
Intel Drops 28.6%, Its Worst Day Since 1974
A weak profit forecast sent Intel shares down sharply on Friday and pulled the S&P 500 to its worst day since June. Amazon and Nvidia also fell.