Garman
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AWS CEO to CEOs 'screaming' AI will wipe away jobs: I don't think that's all true
Amazon Web Services (AWS) CEO Matt Garman has pushed back heavily against fellow tech executives who warn that artificial intelligence (AI) is going to trigger a Great Depression-style wave of mass unemployment. Instead, he said that there will be different kinds of jobs, and that workers will have to adapt and even learn new skills. Addressing the growing anxiety sweeping the corporate and tech worlds, Garman made it clear that he refuses to join the camp of critics predicting an economic...
Corning shares jump 9% after striking deal to power Amazon AI data centers in U.S.
Amazon is paying Corning billions of dollars for optical fiber to power and connect its rapidly expanding U.S. data centers, the latest megadeal featuring two companies at the center of the artificial intelligence boom. The agreement, announced Monday, will play out over several years and create 1,000 jobs at Corning's North Carolina factories, the companies said. Corning's fiber optic cable and networking solutions are becoming essential elements of AI infrastructure because they enable...