Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...
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 ...
100 Billion Reasons to Buy Amazon Stock Hand Over Fist Right Now
Amazon sees AI as a "once in a lifetime" opportunity, according to Jassy. "AI represents, for sure, the biggest opportunity ...
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant ...
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 ...
DeepSeek is now available via Amazon Web Services. ‘Have at it,’ says CEO Jassy.
The Chinese AI that has taken the internet by storm is now available for application use through Amazon’s cloud, the U.S.
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Digi Times1d
Amazon expects Trainium chip series to reach 4th gen amid growing adoption
Amazon has revealed that its in-house designed Trainium 2 processor is gaining traction among potential users, including ...
AMZN, GOOGL: CEOs of Tech Giants Plan Big Sales of Company Stock
The chief executives of both Amazon (AMZN) and Alphabet (GOOGL) are moving to sell millions of dollars of company stock that ...
Indiatimes2d
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 training techniques and inference optimizations. He also highlighted the ...