Andy Jassy says Amazon has chosen to 'embrace' AI, promising it 'will make all our teammates' jobs more enjoyable'

Amazon CEO Andy Jassy tried to calm concern about AI cloud competition. Wall Street isn't buying it.

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Andy Jassy says Amazon has chosen to 'embrace' AI, promising it 'will make all our teammates' jobs more enjoyable'

Jassy told analysts that companies have two choices, to embrace and shape the change that's coming, or "wish it away and have it shape you."

Amazon CEO Andy Jassy unleashed a meticulous 8-minute defense of AWS’ standing in the AI arms race amid investor stock freakout

Amazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when Morgan Stanley analyst Brian Nowak prefaced his questions on an earnings call with a disclaimer that made it clear this wasn’t going to be a “Congrats on the quarter, guys”…