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 ...

“Moving on to AWS. In Q2, AWS grew 17.5% year-over-year and now has over $123 billion annualized revenue run rate. We continue to help organizations of all sizes accelerate their transition to the ...

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” ...

Can any company, big or small, really topple Nvidia's AI chip dominance? Maybe not entirely but Amazon is already making big ...

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 ...

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 released his annual letter to shareholders on Thursday and quickly followed it up with an appearance on CNBC where he discussed the impact that President Donald Trump’s tariffs ...

An analyst just asked Andy Jassy why AWS is trailing rivals like Azure. As we’ve described several times in this live blog, Azure just grew 39% while AWS is growing at 17.5%. The bottom line is ...