Tuesday, October 21, 2025

Internal Amazon documents and sources: executives believe Amazon is on the cusp of replacing 500K+ jobs with robots and aims to automate 75% of its operations (New York Times)

New York Times:
Internal Amazon documents and sources: executives believe Amazon is on the cusp of replacing 500K+ jobs with robots and aims to automate 75% of its operations  —  Internal documents show the company that changed how people shop has a far-reaching plan to automate 75 percent of its operations.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...