Andy Jassy explains Amazon’s 14,000 layoffs, buying Nvidia chips, upcoming Trainium3 AI chips, AWS capacity and sales growth, ...
Amazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when Morgan Stanley analyst Brian Nowak prefaced his questions on an earnings ...
‘Inference will represent the overwhelming majority of future AI cost,’ says Amazon CEO Andy Jassy. ‘We feel strong urgency to make inference less expensive for customers.’ Amazon CEO Andy Jassy took ...
Amazon.com Inc. (NASDAQ:AMZN) has reportedly laid off several employees within its Amazon Web Services (AWS) cloud division, as the company continues to restructure amid the growing impact of ...
Amazon Web Services (AWS) faces significant organizational bloat, hindering its ability to compete in the AI race, according to a Bloomberg report. Despite CEO Andy Jassy's anti-bureaucracy efforts, ...
In-depth Amazon coverage from the tech giant’s hometown, including e-commerce, AWS, Amazon Prime, Alexa, logistics, devices, and more. by Todd Bishop on Apr 10, 2025 at 3:31 am April 10, 2025 at 4:30 ...
Amazon CEO Andy Jassy said the quiet part out loud this week, predicting AI will reduce its workforce. At least he’s honest about it, even if he trotted out the “free up workers for higher-value work” ...
Javed is a senior editor at TIME, based in the London bureau. Photo-Illustration by TIME (Courtesy Photo) More than 20 years ago, Andy Jassy started to build Amazon Web Services (AWS), which would ...
“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...
As of August 2025, Amazon CEO Andy Jassy’s net worth is estimated to be over $784 million, according to a filing with the Securities Exchange Commission. That figure is driven entirely by his Amazon ...
Amazon CEO Andy Jassy released his annual letter to shareholders on Thursday and quickly followed it up with an appearance on CNBC where he discussed the impact that President Donald Trump’s tariffs ...
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