AWS CEO Matt Garman says Amazon will bring on 11,000 interns and new grads this year even as it rolls out AI agents for recruiting, coding, security, and customer service. He argues AI will reshape entry-level roles rather than eliminate them, pointing to past technology shifts and a growing overall labor force. His upbeat stance on hiring sits alongside Amazon’s broader plans to cut corporate jobs and automate half a million roles with robots.

• Amazon is hiring 11,000 interns/new grads this year even while deploying AI agents for coding, security, and recruiting.
• This hiring push coexists with cutting 30,000 corporate jobs since October and plans to automate/robot-replace up to 500,000 roles.
• Garman argues AI reshapes entry-level work rather than eliminating it, comparing it to how spreadsheets displaced calculators but grew the labor force.
• He warns that companies which stop training junior talent risk long-term stagnation.

This digest covers SpaceX’s $60 billion stock acquisition of AI coding startup Cursor, Apple’s plans for camera-enabled AirPods and a foldable iPhone by 2027, and AWS’s new S3 annotations feature for rich object metadata. It also highlights a robot debut by Genesis AI, Snap’s $2,195 AR glasses, Meta’s engineering shakeup, and OpenAI’s mounting losses.

• SpaceX is acquiring AI coding startup Cursor for $60 billion in stock, pending regulatory approval, closing Q3.
• Apple plans a major 2027 product wave: camera-equipped AirPods, a foldable iPhone, and a 20th-anniversary iPhone model.
• AWS S3 now supports up to 1,000 editable metadata annotations per object (1 MB each, JSON/XML) without rewriting data.
• OpenAI's leaked financials show $13.07B revenue vs $19.18B expenses in 2025, widening losses to $6.1B (from $4.1B in 2024), despite targeting profitability by 2030.