Friday, 21 August 2026

iberempresa

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Business news in Spain: results, mergers, appointments, strategy and the big IBEX and corporate players.

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Illustrative image: tech office building in San Francisco at night, with artificial light from street lamps and neon reflecting on wet pavement.

Amazon closes its AGI lab in San Francisco after 18 months of operation

Amazon closes its AGI lab in San Francisco after 18 months, reallocating resources to customer-facing applications amid pressure for AI ROI.