AI
Amazon generating $15B in AI revenue, CEO Andy Jassy says
Jassy also pointed to rapid growth in Amazon's custom chip business, as large tech companies develop their own processors to cut dependence on costly Nvidia AI…
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Latest on Jassy
Newest firstConsumer
Amazon CEO Andy Jassy's pay rose to $2.1 million in 2025 as security and travel costs climbed
Amazon CEO Andy Jassy's pay rose to $2.1 million in 2025 as security and travel costs climbed
Consumer
What Andy Jassy's shareholder letter tells us about his vision for Amazon's workforce
What Andy Jassy's shareholder letter tells us about his vision for Amazon's workforce
AI
Amazon CEO Jassy defends $200 billion AI spend: "We're not going to be conservative"
Amazon shares have struggled so far this year as investors question the company's aggressive AI spending plans.
Consumer
Amazon CEO Andy Jassy says tariffs are starting to drive up product prices
Jassy said on Tuesday that while Amazon is trying to keep prices low, price hikes may be unavoidable in some cases.
Geopolitics
Amazon CEO Jassy says Trump's tariffs have started to 'creep' into prices
Sellers tried to absorb the tariff shock by buying stock ahead of time, but much of that inventory has run out, forcing some businesses to raise prices.
AI
Andy Jassy says Amazon's Nvidia competitor chip is already a multibillion-dollar business
Can any company, big or small, really topple Nvidia's AI chip dominance? Maybe not entirely, but Amazon is already making big bucks trying.
Consumer
Amazon upheaval: With morale shaken, Jassy looks for next big play after mass layoffs
Amazon CEO Andy Jassy has been overhauling the company's corporate culture in recent years, and went even further last week, announcing 14,000 layoffs.
Consumer
Amazon shares soar as AI demand boosts cloud revenue - and results fire up CEO Andy Jassy
"AWS is growing at a pace we haven't seen since 2022," CEO Andy Jassy said.
Consumer
Amazon CEO Jassy says company is reducing bureaucracy, which is 'anathema' to innovation
Amazon CEO Andy Jassy said he's working to root out bureaucracy from within the company's ranks as part of an effort to reset its culture.
AI
Amazon's AI Push Signals More Job Cuts, CEO Andy Jassy Leading Charge.
(RTTNews) - Every few weeks, tech leaders seem compelled to stoke fresh fears about artificial intelligence and this time, it's Amazon CEO Andy Jassy leading t…
AI
Amazon CEO Andy Jassy admits AI will 'reduce' corporate workforce
Amazon CEO Andy Jassy ominously warned Tuesday that he expects the rise of generative artificial intelligence to "reduce†the company's corporate workforce i…
AI
AI will shrink Amazon's workforce in the coming years, CEO Jassy says
Amazon CEO Andy Jassy said the company's workforce will shrink in the coming years as it adopts more generative artificial intelligence tools and agents.
Consumer
Amazon CEO Andy Jassy warns Americans cheap prices of everyday goods could be a thing of the past
"I'm guessing that sellers will pass that cost on,†Jassy said of the cost of tariffs.
Consumer
Amazon CEO Andy Jassy says he believes sellers will pass increased tariff costs on to consumers
Amazon CEO Andy Jassy said he thinks third-party sellers "will pass costs on" to consumers as a result of President Donald Trump's sweeping tariffs.
Consumer
Amazon CEO Andy Jassy says AI costs will come down over time even as company invests 'aggressively'
Amazon CEO Andy Jassy released his annual letter to shareholders on Thursday.
