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Amazon CEO Andy Jassy tried to calm concern about AI cloud competition. Wall Street isn't buying it.
On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell the worries.
Amazon.com CEO Andy Jassy talked about AI, AWS, Microsoft’s cloud business, tariffs and more on Thursday’s Q2 2025 earnings call.
Amazon is spending a fortune on AI infrastructure and CEO Andy Jassy sees a new way to pay for it with Alexa+.
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Amazon is spending a boatload on AI but investors are impatient for results
Hang in there, it's early days, insists CEO Andy Jassy Amazon CEO Andy Jassy insists "AI will change every customer experience," but it's making investors nervous.… The company reported Q2 2025 ...
Amazon has backed a new AI service that is being called the "Netflix of AI", and it's another depressing development in the use of generative AI in the entertainment industry.
Jassy also countered the idea that Amazon ( NASDAQ: AMZN) may have fallen behind in the AI arms race.
UnitedHealth Group named Bain Capital executive Wayne DeVeydt as its next CFO, replacing John Rex, who will become strategic advisor to the CEO. The medical products maker raised its earnings outlook ...
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
Amazon.com forecast current-quarter revenue above market estimates on Thursday, encouraged by solid retail business despite ...
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
Amazon Web Services is aiming to leverage its clout in the cloud for an AI advantage. (GeekWire File Photo) An increase in Amazon Web Services spending ...
Amazon.com, Inc.'s Q2 impresses but shares dip on cautious Q3 outlook. Click for my updated look at AMZN stock and why I ...
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