Nvidia, a leader in computer chip sales for artificial intelligence, faced a setback when a small Chinese company demonstrated superior performance with fewer resources. This challenge highlighted Nvidia’s vulnerability in the market despite its previous success. The competition from the Chinese company forced Nvidia to reassess its strategies and innovation to maintain its position in the industry.
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Amazon boss says AI will replace jobs at tech giant
Amazon CEO Andy Jassy warned employees that embracing artificial intelligence (AI) is crucial, as it is expected to lead to workforce reductions in the coming years due to efficiency gains. He noted that while AI will automate many routine tasks across the company, it also presents opportunities for employees who adapt, as half a million sellers are already utilizing Amazon's AI tools for product information. Need More Context? 🔎
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