In his 2024 Letter to Shareholders, released Thursday morning, Amazon CEO Andy Jassy introduces a new concept: Amazon’s “Why Culture,” or “YQ,” as he calls it. That’s his phrase for… Read More
Amazon CEO Andy Jassy’s total compensation reached $40.1 million in 2024, due largely to strong gains in the company’s stock price that boosted the value of the shares he vested… Read More
What happens when the AI senses the frustration or joy in your voice? A new speech-to-speech AI model from Amazon, called Nova Sonic, unifies speech recognition and generation to deliver… Read More
Amazon unveiled Alexa+, a new service that integrates generative AI natively into the company’s longtime voice assistant — promising free-flowing conversations, plus the ability to learn user preferences over time… Read More
Amazon reported $26.3 billion in capital expenditures in the fourth quarter, and the company plans to keep spending at that pace in 2025, which would put the total at more… Read More
LAS VEGAS — Unveiling Amazon’s homegrown Nova artificial intelligence models yesterday, Amazon CEO Andy Jassy made a point of saying the company was still committed to offering a broad choice… Read More
LAS VEGAS — Amazon CEO Andy Jassy returned to the AWS re:Invent stage Tuesday morning, delivering one of the company’s biggest announcements of the day: a new set of AI… Read More
Amazon’s cloud business isn’t done growing yet. Amazon Web Services posted $10.4 billion in operating income in the third quarter, up 50% from a year ago, surpassing $10 billion for… Read More
Amazon CEO Andy Jassy sat down Thursday with Kara Hurst, the company’s chief sustainability officer, to discuss the cloud, retail and entertainment giant’s efforts to meet a pledge of reaching… Read More
This week on the GeekWire Podcast: Amazon’s decision to bring its employees back to the office five days a week is a window into the challenges facing the e-commerce and… Read More
Amazon went through a one-way door against its will. Now it wants to go back. And the future of the company is at stake. That’s one way of looking at… Read More
Amazon is making a concerted effort to lower its costs, aiming to offer more products at a lower average selling price, Amazon CEO Andy Jassy told analysts and investors on… Read More
Internal Amazon metrics have created a rosy view of the impact from Alexa and Echo on the company’s revenue from other services. This led Amazon to continue investing heavily in… Read More
In a speech peppered with mentions of his own sports failings and achievements, Amazon CEO Andy Jassy offered up some advice for winning at life and work to graduates of… Read More
Adam Selipsky spoke with GeekWire this week at Amazon Web Services headquarters in Seattle in an interview prior to his departure as AWS CEO. His final day in the role… Read More
Three executives from Amazon Web Services were meeting with a top CIA tech leader, trying to come up with a creative solution to an issue that was facing the U.S.… Read More
It was legal for Amazon CEO Andy Jassy to say that unionization would make it tougher for employees to have direct connections with their managers, according to National Labor Relations… Read More
In his annual letter to shareholders, Amazon CEO Andy Jassy says the company’s Project Kuiper satellite venture will be “a very large revenue opportunity” in the future — but he’s… Read More
Amazon’s newest board member is Andrew Ng, a business and technology leader, serial startup founder, investor, and educator who specializes in machine learning, artificial intelligence, and online education. Ng, who… Read More
Amazon CEO Andy Jassy’s compensation for 2023 totaled $29.2 million, including his base pay, the value of shares that vested during the year, and security costs, according to a new… Read More
AI is starting to generate real money for the big cloud providers. Global spending on cloud infrastructure services topped $68 billion in the third quarter, up 18% year-over-year. That’s the… Read More
Amazon CEO Andy Jassy called the attacks against civilians in Israel “shocking and painful to watch” in a post on X on Monday night. Jassy joined the chorus of those… Read More
Chancellor Jeremy Hunt, the United Kingdom’s chief financial minister, visited Seattle on Friday as part of a West Coast tour to promote the expansion of the UK’s tech sector, and… Read More
It was tough, as usual, to keep up with the announcements coming out of Amazon’s fall Devices & Services event Wednesday morning. But in a change from the past, there… Read More
Amazon CEO Andy Jassy made it clear in a recent internal meeting that he wants employees to “disagree and commit” to the company’s policy of working three days in the… Read More
Amazon named three additional executives to its senior leadership team Friday: Andy Jassy, the Amazon CEO, announced the additions in a message to employees that was also published on the… Read More
Dave Limp, the longtime leader of Amazon’s devices division, will step down later this year. Limp is leaving Amazon after more than 13 years, Amazon CEO Andy Jassy confirmed in… Read More
Messages sent by Amazon to some employees this week, asserting that they aren’t complying with a corporate mandate to return to the office at least three days a week, is… Read More
This week on the GeekWire Podcast, we look at how Amazon is positioning itself in the emerging era of generative artificial intelligence. We play and assess clips of Amazon CEO… Read More
The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company.… Read More
