Amazon CEO Andy Jassy says company will cut jobs amid AI boom. It’s already happening at Microsoft.

Amazon CEO (AMZN), Andy Jassy, ​​said that the company would reduce its workforce in the coming years, and Microsoft (MSFT) would plan thousands of layoffs, just like the two companies invest billions in artificial intelligence efforts. Microsoft should announce the cuts, mainly intended for its sales teams, early next month, according to Bloomberg, which cited…

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Adobe invests in AI video platform Synthesia

An Adobe panel is hung along rue Main during the Film Film Sundance 2025 on January 27, 2025 in Park City, Utah. David Becker | Getty images London – Adobe Invested in Synthesia, a British artificial intelligence startup, in a bet that technology will transform video production. The synthesis told CNBC that Adobe’s venture capital’s…

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