Amazon shuts down Shanghai AI research lab: FT report

, By The Economic Times
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Amazon is shutting down its Shanghai artificial intelligence lab, the Financial Times reported on Wednesday.

Reuters could not immediately confirm the report. Amazon did not immediately respond to a request for comment outside regular business hours.

Amazon’s decision to shut the lab comes amidst rising tensions between Washington and Beijing, with the U.S. increasing its scrutiny of American companies operating in China.

Wang Minjie, a scientist in the Shanghai lab, said his team was “being dissolved due to strategic adjustments amid US-China…



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Amazon shuts down Shanghai AI research lab: FT report

, Published By The Economic Times
Tech



Amazon is shutting down its Shanghai artificial intelligence lab, the Financial Times reported on Wednesday.

Reuters could not immediately confirm the report. Amazon did not immediately respond to a request for comment outside regular business hours.

Amazon’s decision to shut the lab comes amidst rising tensions between Washington and Beijing, with the U.S. increasing its scrutiny of American companies operating in China.

Wang Minjie, a scientist in the Shanghai lab, said his team was “being dissolved due to strategic adjustments amid US-China…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
Google Play, Android fuel ₹4 lakh crore app revenue, economy boost in India during 2024: Report
Next News
Nisus Finance Invests ₹ 115 Cr in Urban Redevelopment and Housing Projects Across Mumbai and Pune
The Economic Times

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