Amazon.com Inc. (NASDAQ: AMZN) CEO Andy Jassy announced that their generative artificial intelligence assistant, Amazon Q, has significantly cut down software upgrade times, saving thousands of...

Nov 1, 2024 · Amazon CEO Andy Jassy on Thursday explained why he thinks the company is well-positioned to excel in AI: Amazon Web Services. Jassy talked up the cloud-computing unit on Amazon's...

Apr 11, 2024 · Amazon (AMZN) CEO Andy Jassy is finally going all in on generative AI. In his annual letter to shareholders on Thursday, the Amazon chief said the technology is the company’s next major...

Apr 11, 2024 · Amazon CEO Andy Jassy revealed details about the company's investments in generative AI in his annual shareholder letter published Thursday morning. Why it matters: It costs money to make money and before many companies can reap outsized rewards from selling new AI products and services, they are expected to outlay enormous sums to build them.

4 days ago · The “vast majority” of that $100 billion will go toward AI capabilities for its cloud division AWS, CEO Andy Jassy said during Amazon’s fourth-quarter earnings call Thursday.

Aug 26, 2024 · Amazon CEO Andy Jassy highlighted how the company's Gen AI assistant, Amazon Q, has revolutionised software development. The tool significantly reduced Java upgrade time from 50 days to hours, saving 4,500 developer-years and generating $260 million in efficiency gains.

Apr 13, 2023 · NEW YORK (AP) — Amazon CEO Andy Jassy signaled confidence that the company will get costs under control in his annual shareholder letter, where he also noted the tech giant was “spending heavily” on AI tools that have gained popularity in recent months.

Apr 13, 2023 · Amazon CEO Andy Jassy spends a chunk of his annual letter to shareholders, released Thursday morning, planting the company’s flag in the world of generative AI, and making the case that Amazon...

Apr 11, 2024 · After sharing his 2023 Letter to Shareholders, Amazon CEO Andy Jassy joined CNBC’s Squawk Box for a wide-ranging interview on our innovation in AI, how we’re increasing shipping speeds for Prime members, Prime Video, and more.

4 days ago · Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft. BY Jason Del Rey. Andy Jassy, chief executive of Amazon.