Andy Jassy dismissed fears of a bubble and said the company would keep investing in the technology.
Amazon CEO Andy Jassy reveals new details about AWS's AI revenue, its booming custom chips business, and more in a shareholder letter that defends the company's massive capital spending.
Echoing the early days of AWS, Amazon is ignoring the doubters and aggressively pursuing its AI investments.
Andy Jassy uses his annual shareholder letter to tout AI vision, investments in robotics and rural delivery.
CEO Andy Jassy touted growth for Amazon's custom AI chips.
This company has a long track record of increasing revenue and profit. This tech giant is present in two major growth industries.
SEATTLE--(BUSINESS WIRE)--Amazon Pharmacy (NASDAQ: AMZN), a full-service digital pharmacy that offers fast medication delivery directly to customers' homes, now offers Eli Lilly and Company's recently approved GLP-1 medication, Foundayo™, a once daily oral treatment for adults with obesity or overweight with weight-related medical problems. Customers with a valid prescription can order Foundayo through Amazon Pharmacy, see real-time medication availability and transparent pricing, and receive f.
The stock market's looking to continue upward movement with some big names in focus.