Amazon Loses Top AI Leader In High-Stakes Talent Shuffle
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Amazon.com, Inc. has lost Vasi Philomin, a key vice president in generative AI development, amid fierce competition for AI talent. Philomin, who played a crucial role in Amazon's AI initiatives, left after eight years. Rajesh Sheth has taken over some of his responsibilities. Amazon is investing heavily in AI, including $8 billion in startup Anthropic, to compete with rivals like OpenAI and Google. The talent market is becoming increasingly competitive, with companies offering substantial signing bonuses to attract top talent. Amazon's stock rose 2.42% to $217.12.
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