Investors at its annual meeting again defeated all shareholder suggestions, including three meant to address the retailer's ...

Jassy laid out his expectations for AI in his annual letter to Amazon shareholders on Thursday ... While constructive debate is useful; at some point, teams need to make a decision and take ...

Loading Amazon has invested about $8 billion into AI startup Anthropic and has incorporated its Claude software into what it is calling Alexa+. The letter is aimed at shareholders, but is closely ...

Amazon CEO Andy Jassy thinks companies should invest “aggressively” in AI now to reap the full financial rewards in the future. In his annual letter to Amazon shareholders published Thursday ...

In a shareholder letter Thursday, Amazon Chief Executive Andy Jassy defended the company's big AI spending plans. "We continue to believe AI is a once-in-a-lifetime reinvention of everything we ...

Amazon has to invest billions in AI to stay competitive, says CEO Jassy Tariff concerns haven't impacted Amazon's demand, Jassy tells CNBC Amazon's shareholder proposals include sustainability and ...

"Our customers, shareholders, and business will be well-served by our investing aggressively now," he said. Like rivals, Amazon is investing heavily in generative AI, including releasing a variety ...

He said substantial capital investment is necessary to obtain AI chips and build data centers. "Our customers, shareholders, and business will be well-served by our investing aggressively now," he ...