Amazon CEO defends billions in AI spend

Amazon.com, Inc. (AMZN): Amazon Maintains AI Focus Despite Tariff Pressure and Price Target Trim - Overpasses For America

14 AI Stocks Catching Wall Street’s Attention. In this article, we are going to take a look at where Amazon.com Inc. (NASDAQ:AMZN) stands against other AI stocks catching Wall Street’s attention. READ NOW: 10 AI Stocks to Watch Now and 9 Trending AI Stocks Making Headlines Today Story Continues see more details here). Number of Hedge Fund Holders: 339 ranks 1st on our list of AI stocks catching Wall Street’s attention. While we acknowledge t…

In his annual letter to shareholders, Amazon CEO Andy Jassy dedicated a substantial portion to describing how artificial intelligence has become the central engine of the company’s present and future. “Generative AI is going to reinvent virtually every customer experience we know,” he wrote, stressing that it is not a distant promise but a transformation that is already underway. For Amazon, this technological revolution represents both an oppor…

Amazon’s CEO sounds alarm on complacent leaders who stop learning

"It’s as if some people find it too exhausting," says Andy Jassy.

Amazon CEO defends billions in AI spend

Andy Jassy justified company plans to keep investing in the technology, which he described as a “once-in-a-lifetime reinvention of everything we know,” in a letter to shareholders on Thursday.

Amazon CEO Andy Jassy urges companies to invest heavily in AI

Amazon intends to spend ~$100 billion on capital expenditures, many related to AI, in 2025, as CEO Andy Jassy lays out a roadmap for the company's future.

Amazon needs to stay ‘the world’s largest startup,’ CEO says

Amazon (AMZN-3.69%) CEO Andy Jassy said the company needs to operate like the “world’s largest startup” on Thursday in his annual letter to shareholders — which means continuing to invest in AI, cutting bureaucracy, and expanding into different realms. The company has earmarked up to $100 billion on capital expenditures, a significant increase from last year’s $83 billion. Jassy told shareholders the investment is more than necessary — “Our cust…