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Amazon cuts staff by 14,000

US online retail and cloud computing giant Amazon said Tuesday that it is reducing its workforce by 14,000 posts to streamline operations as it invests in artificial intelligence, without saying where the cuts will be made...

Alibaba to invest $50b in AI, cloud

Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting president Xi Jinping...