Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon CEO Andy Jassy, impressed by DeepSeek, says “we thought that was…”
Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...
Andy Jassy Just Delivered Fantastic News for Amazon Investors
AWS continues to lead, cementing deals with high-profile names like Intuit, PayPal, and Norwegian Cruise Line in the fourth quarter, among many more. Jassy has said that Amazon's AI capabilities are ...
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most ...
Blue Origin CEO says he's trimming middle managers after rapid hiring led to 'more bureaucracy.' Read the memo.
Blue Origin CEO David Limp told employees in an email that there was "less focus" at the rocket company than it needs to ...
Andy Jassy tells Amazon staff, ‘Why i’m still here after all these years' amid restructuring efforts
Amazon is set to eliminate thousands of middle management positions by March 2025 as part of a broad restructuring effort ...
Amazon cuts workforce diversity reference from annual filing amid Trump-led backlash against DEI
Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...
Amazon to invest up to $100 billion into AI in 2025, reveals CEO Andy Jassy
Amazon is gearing up for a massive AI investment, with capital expenditures projected to exceed $100 billion in 2025 ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon.com, Inc. (AMZN): Andy Jassy’s Vision for an “AI Supermarket”
While choosing AI stocks for investment is important, an even more serious development in the tech world is the ongoing AI Summit in Paris. The summit has launched new partnerships, foundations, and ...
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Live Blog: Will Amazon (AMZN) Soar After Earnings Tonight?
Live Updates Live Coverage Has Ended Amazon Addresses DeepSeek 2:36 pm A Wall Street analyst asked Andy Jassy about ...