Amazon cutting jobs in artificial general intelligence group — Reuters

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Amazon ( AMZN ) is eliminating jobs in its artificial general intelligence group, a research group tasked with developing models to power general-purpose, autonomous AI agents, Reuters reported Wednesday. The group created Amazon Nova Act, a tool that allows companies to build AI

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Amazon is cutting jobs in its artificial general intelligence (AGI) research group, signaling an organizational realignment toward autonomous AI agent development models. The department had been developing Amazon Nova Act, an enterprise AI building tool, but restructuring was implemented to enhance cost efficiency and revise strategy. Investors should closely monitor the shift by big tech companies from indiscriminate AI spending to profitability-focused, selective investments.

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