Amazon CEO Andy Jassy told employees that AI will reduce head count as the company gets "scrappier." Management commentators say his memo might open the floodgates for more AI job-loss talk.

AI isn't all doom and gloom for jobs, said Amazon's Andy Jassy. In an interview with CNBC published on Monday, the Amazon CEO deemed AI "the most transformative technology in our lifetime." ...

Amazon CEO Andy Jassy said AWS gives the company a leg up in the AI race. Jassy said AWS has shown that Amazon can handle the logistics for scaling AI. Amazon's Q3 earnings beat expectations, with ...

AI isn't all doom and gloom for jobs, said Amazon's Andy Jassy. In an interview with CNBC published on Monday, the Amazon CEO deemed AI "the most transformative technology in our lifetime." ...

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 ...

Amazon CEO Andy Jassy outlined the e-commerce giant's approach to artificial intelligence (AI) development in his annual letter to shareholders released Thursday. Jassy wrote that Amazon aims to ...

Jassy told analysts that companies have two choices, to embrace and shape the change that's coming, or "wish it away and have it shape you." ...

FILE - Andy Jassy, Amazon president and CEO, attends the premiere of "The Lord of the Rings: The Rings of Power" at The Culver Studios on Monday, Aug. 15, 2022, in Culver City, Calif parts of its ...

In a letter to shareholders Thursday, Amazon (AMZN) CEO Andy Jassy said the company is “investing heavily” in large language models (LLMs) and generative AI, the same technology that underpins ...

CEO Andy Jassy’s compensation was $1.3 million last year. Jordan Strauss/Invision/AP Amazon said its core e-commerce and cloud computing businesses still have room to grow. AFP via Getty Images ...

FILE - Andy Jassy, Amazon president and CEO, attends the premiere of "The Lord of the Rings: The Rings of Power" at The Culver Studios on Monday, Aug. 15, 2022, in Culver City, Calif. Jassy ...