Amazon CEO Andy Jassy says he has a secret weapon in AI wars

Amazon CEO Andy Jassy says he has a secret weapon in the AI wars
Amazon beat Wall Street's third-quarter expectations on revenue and earnings per share, with the stock rising 6% in after-hours trading.With Amazon expecting around $75 billion in capital expenditures this year,
These Must-See Quotes From Amazon CEO Andy Jassy Are Great News For Nvidia
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Amazon CEO Andy Jassy hints at an ‘agentic’ Alexa
Amazon CEO Andy Jassy hinted at an improved, "agentic" version of the company's Alexa assistant during Amazon's Q3 2024 earnings call.
Amazon Q3 2024 Earnings: CEO Jassy Says AI ‘Once In A Lifetime’ Opportunity
Amazon CEO Andy Jassy said on the company’s latest quarterly earnings call that the vendor expects to spend more than $75 billion on capital in 2025, most of that going toward Amazon Web Services and generative artificial intelligence.
Amazon’s CEO dropped a big hint about how a new AI version of Alexa is going to compete with chatbots like ChatGPT
Andy Jassy hinted that the long-awaited AI-powered Alexa will be all about taking actions, and not just providing answers. But it’s unclear when the product will actually launch.
Amazon CEO Andy Jassy Assures Investors Expensive A.I. Infrastructure Is Worth It
Heavy investments in A.I. infrastructure like data centers are “useful assets” that will operate for 20 to 30 years, CEO Andy Jassy said.
Andy Jassy Touts 'Deep Partnership' With Nvidia, But Amazon Is Doubling Down On In-House Custom Silicon For Price-Conscious Customers
Amazon CEO Andy Jassy emphasized the company's commitment to developing in-house AI chips, like Trainium and Inferentia, to ...
Amazon Workers ‘Appalled’ by How Execs Made Return-to-Office Decision
Hundreds of employees signed a letter criticizing Amazon's 'non-data-driven' reasoning for ending hybrid work. They might ...
Amazon's CEO is even more bullish on the AI opportunity
Andy Jassy's confidence in Amazon's ability to compete and generate returns in the new AI cloud era has been steadily growing ...
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.
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Why your company is struggling to scale up generative AI
In the two years since Open AI launched Chat GPT, generative AI has had a faster rate of adoption than personal computers or ...
Amazon said its shoppers keep choosing cheap items — and that's good for business
Cost-conscious consumers are turning to Amazon's Prime deals and events, the company's chiefs said.
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AWS tops $10B in quarterly operating profits as Jassy cites ‘reacceleration’ of cloud business
AWS revenue rose 19% to $27.4 billion in the quarter. “We’ve seen significant reacceleration of AWS growth for the last four ...