Fox News AI Newsletter: Amazon to cut workforce due to new tech

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025. TECH TAKEOVER: Amazon CEO Andy Jassy says artificial intelligence will "change the way" work is done and expects the company's total corporate workforce to be reduced as a result. 'GIANT OFFERS': Meta has allegedly tried to recruit employees from competitor OpenAI by offering bonuses as high as 100 million, OpenAI CEO Sam Altman claimed on a podcast that aired Tuesday. ENERGY OUTLOOK: The rise of artificial intelligence and the increasing popularity of cryptocurrency will continue to push electricity consumption to record highs in 2025 and 2026. POWER DRAIN CRISIS: Every time you ask ChatGPT a question, to generate an image or let artificial intelligence summarize your email, something big is happening behind the scenes.