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 ...

‘Inference will represent the overwhelming majority of future AI cost,’ says Amazon CEO Andy Jassy. ‘We feel strong urgency to make inference less expensive for customers.’ Amazon CEO Andy Jassy took ...

Amazon.com Inc. (NASDAQ:AMZN) has reportedly laid off several employees within its Amazon Web Services (AWS) cloud division, as the company continues to restructure amid the growing impact of ...

Javed is a senior editor at TIME, based in the London bureau. Photo-Illustration by TIME (Courtesy Photo) More than 20 years ago, Andy Jassy started to build Amazon Web Services (AWS), which would ...

Amazon CEO Andy Jassy said the quiet part out loud this week, predicting AI will reduce its workforce. At least he’s honest about it, even if he trotted out the “free up workers for higher-value work” ...

16 Words From Amazon's Andy Jassy That Represent Spectacular News for Nvidia Investors Ahead of Nov. 19 Amazon, through its cloud computing business, is one of Nvidia's big AI customers. Amazon ...

As of August 2025, Amazon CEO Andy Jassy’s net worth is estimated to be over $784 million, according to a filing with the Securities Exchange Commission. That figure is driven entirely by his Amazon ...

SEATTLE -- Amazon founder Jeff Bezos will step down from his role as chief executive later this year and transition to the role of executive chair, the company said Tuesday. He will be replaced by ...

Amazon shares touched a record high Friday, rising over 9%, after strong quarterly results that were driven by its growing cloud business – AWS—which saw a double-digit jump in sales to $30 billion.

Amazon CEO Andy Jassy looked to past periods of uncertainty as part of his outlook on current tariff risks. (GeekWire File Photo / Dan DeLong) “Obviously, none of us knows exactly where tariffs will ...

Amazon CEO Andy Jassy at the GeekWire Summit in 2021. (GeekWire File Photo / Dan DeLong) Amazon CEO Andy Jassy says the company’s latest big round of layoffs — about 14,000 corporate jobs — wasn’t ...