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The Latest Breaking News from Andy Jassy

Amazon wants to spend $100 billion this year for ‘once in a lifetime' AI opportunity

Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects.

TechRadar

Amazon Eyes $100 Billion In AI Spending Rush But Warns Cloud Growth Will Be 'Lumpy'

The tech giant will spend $100 billion in 2025 focused on AI but said growth could face capacity constraints.

Investors Business Daily

Amazon Stock Fell on Weak Q1 Guidance. Can AI Reverse Its Slowing Revenue Growth?

Amazon stock is trading lower after the company provided soft guidance for Q1. The stock however looks like a buy for patient investors.

Barchart

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Once profit-starved Amazon is swimming in cash—and will go on a $100 billion AI-focused spending spree

Once profit-starved, Amazon is displaying a version of itself that many rivals have long feared.

Fortune

Big Tech's AI Spending Rattles Markets

E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock price fall on concerns over high AI investment costs.

International Business Times

Cisco's top exec and Amazon's Andy Jassy share the same hiring red flag, and it's something that can't be taught

It’s not what you know, or even who you know. According to Cisco’s new U.K. chief, your next promotion might hinge on your attitude.

Fortune

3 ‘Strong Buy’-Rated Stocks to Scoop Up on Trump’s Stargate AI News

Here’s why investing in these Big Tech stocks can be a winning strategy for investors in 2025.

Barchart

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Amazon’s CEO Andy Jassy has a new advisor who will join him on every meeting he has

Meet the new shadow behind Amazon’s CEO: Alex Dunlap

Fortune

Amazon's sweeping RTO mandate might end up being more lax in Europe than in the U.S., report says

Amazon's workers in the U.K. have a legal right to request flexible work, while those in the Netherlands are following earlier guidance on hybrid work.

Fortune

German Amazon Workers Can Apply To Work From Home Despite Company's Global RTO Mandate

Leaked documents have suggested that Amazon workers in Germany will be allowed to request working-from-home arrangements for up to two days a week.

International Business Times UK

Amazon CEO Andy Jassy: An ‘embarrassing’ amount of your success in your 20s depends on your attitude

But aspirational workers need to follow through on a can-do attitude with action, Jassy added.

Fortune

Amazon and AT&T want an end to remote work: will 2025 finally be the death of WFH?

With the pandemic behind us, some executives argue that remote work has outlived its usefulness. Yet the data tells a different story.

Fortune

Amazon stops return to office policy for US workers due to lack of office space

Despite announcing RTO plans months before they were set to roll out, Amazon still isn’t ready.

TechRadar

AT&T is dumping hybrid work as it follows Amazon in demanding employees spend 5 days a week in office

AT&T CEO John Stankey told managers last year they would need to come back to the core office hubs—18,000 returned.

Fortune

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Fortune

David Bonderman hailed by everyone from Goldman Sachs CEO to NHL players as PE pioneer passes away at 82

Seattle Kraken is currently led by Samantha Holloway, Bonderman’s daughter.

Fortune

Return-to-office mandates are associated with an exodus of high performers, research finds

When S&P 500 companies discouraged remote working, skilled employees quit—leaving hard-to-fill vacancies for employers.

Fortune

How the 173-year-old glass-maker behind Edison's light bulb and iPhone screens became a Silicon Valley darling

CEO Wendell Weeks talks about Corning Inc.’s innovations—ranging from Edison’s lightbulb to the face of your smartphone—and how its fiber-optic cables are powering the AI revolution.

Fortune

Amazon is making its own AI power play with new Nova models

Amazon is betting that offering AI models of similar capability to others but at a lower price will be the key to winning marketshare

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TechRadar

"It's actually quite difficult to build a really good generative AI application" - Amazon CEO outlines its AI vision, and challenges

Turns out it's quite difficult to build a good Gen AI app, Amazon CEO says.

TechRadar

Amazon unveils surprise new video and image AI models to compete with the best on the market

Amazon Nova will offer new video and image generation AI models.

Fortune

Amazon employees are 'rage-applying' as its return-to-office mandate looms—experts say that's exactly what CEO Andy Jassy wants

The tech mammoth’s RTO push is wildly unpopular—and that could be exactly what it wants.

Fortune

Exclusive: Leaked Amazon memos identify critical flaws in the upcoming AI version of Alexa

The planned update to voice assistant Alexa is bogged down with problems including latency, which requires "significant improvements,” an internal memo said.

The Guardian - UK

In no great rush to get back to the office? UK home workers may not have a choice

Supermarket chain Asda has joined the growing number of firms demanding staff return to the workplace. Does this signal the end for remote working or is it a new battle line?

Fortune

Amazon CEO Andy Jassy hates bureaucracy so much he's planning to increase the ratio of employees to managers

The e-commerce giant says bureaucracy creates inefficiency.

Fortune

CEOs including Satya Nadella and Sam Altman are lining up to congratulate Donald Trump on his election victory

CEOs and business leaders took to social media to congratulate President-elect Donald Trump on his second White House victory.

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