What is Rufus chatbot in Amazon app that CEO Andy Jassy says will generate an additional $10 billion in annual sales for the company

Amazon CEO Andy Jassy projects Rufus, the AI shopping assistant, will drive over $10 billion in annual sales. Launched in August, Rufus has already b ...

Amazon stock hits record, lights up ETFs

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into ...

Amazon could be a 'top three' grocery player in the U.S., Jassy says

Amazon CEO Andy Jassy said that even without counting Whole Foods — the high-end grocery store chain it bought in 2017 — and Amazon Fresh, the company's grocery business put up more than $100 billion ...
The American Bazaar

Amazon says it cut 14,000 employees because of ‘culture’ rather than money

Amazon CEO Andy Jassy says 14,000 layoffs stem from “culture” and organizational layers, not finances or AI, aiming to ...

Amazon just laid off 1,403 Californians. The CEO says it wasn’t to save money.

As Amazon’s wave of corporate layoffs starts to ripple across the country — including with 1,403 job cuts in California — CEO Andy Jassy took an opportunity to defend the move on Thursday.  During the ...
Retail Dive

AI will accelerate the end of brick and mortar’s reign: Amazon CEO

The domination of e-commerce is inevitable and will only come faster thanks to the emerging technology, even if physical ...