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Amazon to cut 14,000 corporate jobs; also, OpenAI completes its for-profit recapitalization
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Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and invest more in its AI strategy.
Plus, OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation.
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