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flag Amazon doubles AI investment to $4 billion, while Bosch plans job cuts amid declining car sales.

flag This week in tech, Amazon doubled its investment in AI startup Anthropic to $4 billion, aiming to compete in the AI sector. flag Bosch announced plans to cut 3,500 jobs due to declining car sales. flag UPS was ordered to pay $45 million for overvaluing its freight business, while SiriusXM Radio must change its cancellation practices in New York. flag Sanofi is modifying its hospital drug discount program, and Swedish battery maker Northvolt is filing for U.S. bankruptcy, with its CEO transitioning to a senior adviser role.

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