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via uk.finance.yahoo.comTech & AI

Amazon orders coders to rein in AI use as costs mount

FROM THE WIRE · UK.FINANCE.YAHOO.COM

Amazon has ordered its coders to rein in their AI use amid concerns that tech workers are blowing through company budgets on chatbots. The online retailer told staff that technology giants' efforts to track AI usage by their software engineers were "deeply flawed" and risked…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRising AI usage costs at large tech firms may influence views on Amazon's margins.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Amazon has told its coders to rein in their AI use.
  2. 02An Amazon vice president says ranking staff by token use risks driving up costs.
  3. 03Some technology businesses have started ranking staff by AI token usage.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Amazon.com, Inc.AMZNStock253.10 USDMarket closedtoday +1.61%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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