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,
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.
Inside Amazon's nuclear ambitions, its 'Piano Man' project, and CEO Andy Jassy's support
Amazon is trying to use nuclear as a reliable, clean solution to meet AI's insatiable power demands. An internal document discloses new details.
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 employees resist CEO Andy Jassy’s 5-day return-to-office mandate — are now even ‘rage applying’ in droves
In May 2023, Jassy instituted a new policy ordering remote workers to report to Amazon offices at least three days weekly. While this new requirement was met with a walk-out, a petition, and a lot of ...
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.
Geekwire on MSN4d
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 ...
The Economist15h
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 ...
CRN Australia1d
Amazon Q3 2024 earnings: Jassy says AI ‘once in a lifetime’ opportunity
Our customers, the business and our shareholders will feel good about this long term,' Amazon CEO Andy Jassy says.
Andy Jassy
The closing session at yesterday’s WTIA TechNW conference in Seattle was a conversation with Andy Jassy, the senior vice president in charge of Amazon Web Services, the cloud-computing division of… Re ...
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.