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Amazon’s cloud infrastructure service, Amazon Web Services (AWS), is on track to record its strongest year of growth in three years, fueled by the AI industry’s unprecedented demand for computing power. AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon…
Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and invest more in its AI strategy. This marks the e-commerce giant’s second-largest job cuts since it slashed 22,000 jobs in 2022. Amazon had nearly 1.2 million employees as of October 31,…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I am sure you are waiting to learn the results of last week’s poll. (Reminder: Sign up for the Mobility newsletter…
The 15-hour Amazon Web Services outage that halted Coinbase, Robinhood and MetaMask revealed how much of Web3 still relies on centralized servers. The recent Amazon Web Services (AWS) outage that knocked out major crypto and fintech platforms, including Coinbase, Robinhood, MetaMask and Venmo, has reignited debate over how decentralized Web3 really is. While blockchains continued…
Amazon has been stuffing AI features into its shopping experience for the past few years now. Today, the company unveiled a new feature called “Help me decide,” which takes into account your searches, browsing and shopping history on Amazon to suggest products and describe why a particular product is right for you For example, if…
Led by Thrive Capital and Greenoaks, the raise comes less than two months after Stripe unveiled its layer-1 blockchain for stablecoin and real-world payments. Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune. Sequoia Capital, Ribbit…
Amazon’s new delivery station in Elkhart, Indiana, looks nothing like the concrete and steel boxes that dot America’s logistics landscape. The 171,000-square-foot facility is built almost entirely from mass timber, using over 500,000 board feet of southern yellow pine to create walls and ceilings that breathe warmth into an industrial space. ZGF Architects designed the…
Amazon announced on Wednesday that it’s debuting prescription vending machines at its One Medical clinics. The new in-office kiosks, which are operated by Amazon Pharmacy, let patients pick up their prescriptions immediately after their appointment. Amazon Pharmacy Kiosks will be available at One Medical locations in Los Angeles starting in December, and Amazon plans to expand to…
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! More than a month ago, I asked you, dear reader, how you thought EV sales would play out once the $7,500 federal tax credit expired on September…
Amazon-owned Zoox will start mapping the streets of Washington D.C. as it ramps up to begin testing its self-driving vehicles in the nation’s capital this year. Zoox said in a blog post on Tuesday that it would begin by manually driving Toyota Highlanders equipped with its sensors and self-driving software to map the city. The…