Amazon's AWS is the dominant cloud computing business, but some on Wall Street are concerned that the company isn't as competitive when it comes to artificial-intelligence workloads. Thus, all eyes will be on AWS's growth in the third quarter,

The AI-related layoffs at Amazon and some other firms reflect a "hollowing out of middle-skilled workers," Lynn Wu, a professor of operations, information and decisions at the University of Pennsylvania, told ABC News.

Amazon has confirmed it will cut 14,000 corporate jobs as part of a strategic shift towards artificial intelligence.

Business Insider's reporters walk through the big layoffs at Amazon, why the cuts came, and who could be next.

Amazon said it has completed its Project Rainier data-center cluster, which is powered by nearly 500,000 of the company’s Trainium 2 chips.

Amazon’s cloud-computing arm plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country.

Amazon’s decision to end support for its once-popular MMORPG New World: Aeternum has sparked widespread backlash, with angry players flooding the game’s Steam page with negative reviews. The announcement follows confirmation that Amazon Game Studios will no longer release new content for the title as part of broader company layoffs.

The paradox is not to be avoided: a company with more than $35 billion in profit in the first half of the year, on pace to spend more than $120 billion on artificial intelligence this year, is cutting tens of thousands of jobs.