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00:02Amazon is laying off employees in its artificial general intelligence unit as the company narrows
00:08its focus while continuing to invest heavily in AI, according to CNBC. The company did not
00:14disclose how many workers were affected or which parts of the organization faced cuts.
00:19Employees working on model customization and post training were among those who said they
00:23were laid off, according to LinkedIn posts. Amazon's AGI unit develops AI models and
00:29includes teams focused on silicon and quantum computing. Amazon said it is cutting some
00:35AGI roles to prioritize customer-focused initiatives while continuing to invest in key areas of
00:41AI. The company has cut more than 30,000 jobs since October, following a pandemic hiring
00:47surge. The company expects $200 billion in capital expenditures this year, up more than 50% from
00:522025. For all things money, visit Benzinga.com.
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