Amazon takes a bold leap in the race for AI dominance with the unveiling of Trainium-2, its second-generation chip designed for training artificial intelligence systems. This announcement intensifies the rivalry with Microsoft, which recently introduced its own AI chip, Maia. According to AWS chief executive Adam Selipsky, trainium-2 outpaces its predecessor, offering four times the speed while being twice as energy-efficient.

Microsoft faces off with amazon as AI chip battle intensifies

Amazon is facing yet another round of layoffs. This time, it's the turn of the music division to face the music. Reports suggest that employees in Latin America, North America, and Europe have faced termination. Amazon has been quietly trimming jobs, including communications staff in its studios, video, and music divisions.

Job cuts at Amazon music

Online retail giant Amazon.com used illegal strategies to raise prices and boost profits, the US Federal Trade Commission (FTC) said in a new court filing on Thursday. The FTC had filed a lawsuit in September, details of which were revealed on Thursday when a version of the lawsuit with fewer redactions was made public in US District Court in Seattle.

Fresh trouble brewing for Amazon?

Test satellites for Project Kuiper network, which will compete with Elon Musk's Starlink, launched on Friday afternoon.

Amazon launches two broadband satellites into orbit

The U.S. Federal Trade Commission on Tuesday filed a long-awaited antitrust lawsuit against Amazon, charging the online retailer with harming consumers with higher prices. This is the latest U.S. government legal action aimed at breaking big tech's dominance of the internet. The lawsuit came after years of complaints that Amazon and other tech giants abused their dominance of search, social media, and online retailing to become gatekeepers on the most lucrative aspects of the internet.

US trade watchdog sues Amazon

The Federal Trade Commission sued Amazon on Wednesday for allegedly using deceitful tactics in a years-long effort to trick millions of customers into enrolling in its Prime subscription service, the agency said.

FTC sues Amazon for allegedly tricking millions of users into Prime subscriptions

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