Microsoft on Monday announced Maia 200, the second generation of its custom AI chip, claiming it’s the most powerful first-party silicon from any major cloud provider. The company says Maia 200 delivers three times the performance of Amazon’s latest Trainium chip on certain benchmarks,

Key Takeaways Amazon said Wednesday it is laying off another 16,000 corporate employees, after cutting 14,000 jobs in October.Many of Amazon's big tech peers have also laid off workers recently. Amazon's corporate ranks are about to get smaller.

The company said it plans to use generative AI to replace some of its corporate workers.

The job cuts, which follow already flagged plans to cut its workforce by 14,000 posts, are aimed at "reducing layers, increasing ownership, and removing bureaucracy," senior vice president Beth Galett...