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Amazon.com CDR (CAD Hedged)
Symbol AMZN
Shares Issued 53,100,000
Close 2026-09-17 C$ 28.67
Market Cap C$ 1,522,377,000
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Globe/wire say Amazon wants AI safety but not slowdown

2026-09-18 08:50 ET - In the News

The Globe and Mail reports in its Friday edition that Amazon has weighed in on the artificial-intelligence safety debate, saying AI labs should ensure models are released only when they are safe and fully tested, but stopped short of calling for an industry slowdown. A Reuters dispatch to The Globe quotes the Seattle company saying: "We don't see it as a choice between progress and safety. Models should be released when they're ready and safe to use, which comes from rigorous testing and strong safeguards." The company provided its views in response to a Reuters inquiry days after many of the largest labs called for slower AI development, after an outcry among researchers who fear the technology could evade human control and threaten global systems and even humanity itself. "There are risks if that doesn't happen collectively," said Amazon, referring to progress in developing AI. "We believe that as an industry, in partnership with government, we'll work through the right protections." Amazon develops AI models through Amazon Web Services and in a unit devoted to artificial general intelligence, or AGI, in part to power voice assistant Alexa, among other services. It also is an infrastructure provider for AI labs.

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