Amazon India

The one thing N. Lee Plumb knows for sure that being laid off from Amazon last week wasn't a failure to get on board with the company's artificial intelligence plans. Plumb, his team's head of "AI enablement," says he was so prolific in his use of Amazon's new AI coding tool that the company flagged him as one of its top users. Many assumed Amazon's 16,000 corporate layoffs announced last week reflected CEO Andy Jassy's push to "reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company." But like other companies that have tied workforce changes to AI - including Expedia, Pinterest and Dow last week - it can be hard for economists, or individual employees like Plumb, to know if AI is the real reason behind the layoffs or if it's the message a company wants to tell Wall Street. "AI has to drive a return on investment," said Plumb, who worked at Amazon for eight years. "When you reduce headcount, you've demonstrated efficiency, you ..

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Amazon Web Services (AWS) on Thursday announced the expansion of AWS Marketplace - a platform to discover and transact software solutions - in India, enabling customers to purchase cloud software and services in Indian Rupees. India-based sellers, including Independent Software Vendors (ISVs) and Consulting Partners, can now list and sell their software and services with simplified tax compliance, the company said in a statement. The expansion allows Indian software providers, including Cisco, CrowdStrike, Deloitte, eMudhra, Freshworks, Sarvam, Salesforce, and IBM, among others, to transact in INR on AWS Marketplace. Globally, AWS Marketplace features over 30,000 listings across more than 70 software categories, including security, AI, DevOps, and data analytics. The service offers customers significant cost and time savings, with a reported 377 per cent return on investment and faster procurement cycles. "AWS Marketplace in India eliminates traditional procurement friction by ...

As the economy struggles to move from lower-middle to higher-middle income, AI is threatening its biggest advantage: the youth bulge it enjoys against other countries that are rapidly aging

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