Andy Jassy
American businessman
38 stories
39 quotes
But even... even at that amount, we will still not have enough capacity to meet all the demand we have in 2026, and I believe this dynamic will also be true in 2027 too,
- Jassy said, referring to the company's raised capital expenditure projection of 220 billion dollars for the year, up from an earlier estimate of 200 billion dollarsInternational Business Times AUibtimes.com.au/amazon/stock…
Prime Air now has a design that’ll scale, plans to serve communities with 30 million customers by year-end, and expects to deliver half a billion packages by the end of this decade (with an aim to deliver inside 30 minutes),
Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand. Anthropic's commitment to run its large language models on AWS Trainium for the next decade reflects the progress we've made together on custom silicon, as we continue delivering the technology and infrastructure our customers need to build with generative AI."
- Amazon CEO Andy Jassy said in the companies' joint announcementInternational Business Times AUibtimes.com.au/elon/musk…
For servers and networking equipment, on average, it takes a little less than three years to break even on that investment,
- Jassy saidCNBCcnbc.com/2026/08…
We now believe we will spend approximately $220 billion in cash capex in 2026,
Once a data center opens with servers plugged in,... we start generating significant revenue right away and then get to monetize these data centers for 30-plus years without having to spend that start up capital again."
- Jassy saidCNBCcnbc.com/2026/08…
Earlier
Amazon Stock Jumps Nearly 4 Percent After Evercore ISI Raises Price Target on AI Driven Sales Growth
International Business Times AUibtimes.com.au/amazon/stock…Agentic AI refers to tools or robots powered by artificial intelligence that can execute a variety of tasks, including product discovery and online purchases, without the help of humans
CNBCcnbc.com/2026/08…Amazon set to expand drone delivery of lightweight packages to 500 US cities
The Manila Timesmanilatimes.net/2026/08…Forbes contributors publish independent expert analyses and insights
Forbes UKforbes.com/sites/markfaithfull…Elon Musk Admits Anthropic Leads AI Race as Amazon Secures Major Cloud Partnership Gains
International Business Times AUibtimes.com.au/elon/musk…The question now seems quaint, given the Financial Times is reporting that investors now expect a valuation of $2 trillion or more in an October initial public offering
Irish Timesirishtimes.com/your/money…CoreWeave stock pops 10% as revenue doubles on accelerating AI infrastructure demand
CNBCcnbc.com/2026/08…Nvidia-backed CoreWeave beats forecasts as demand surges
The Timesthetimes.com/business/companie…Amazon’s AI Spending Keeps Rising. Andy Jassy Says Memory Costs Drove $20 Billion Capex Increase.
International Business Timesibtimes.com/amazons/ai…Amazon expects to spend about $220 billion in capital expenditures in 2026, up from its previous estimate of around $200 billion, as rising costs for artificial intelligence memory chips drive higher infrastructure spending
International Business Timesibtimes.com/amazons/ai…Trump's Investment Accounts Bought Alphabet and Meta Stock, Disclosures Show as Wall Street Sees Upside
International Business Times AUibtimes.com.au/trump/investmen…Tech companies' venture capital portfolios are making corporate profits look a lot stronger than they really are
CNBCcnbc.com/2026/08…Amazon tops $3 trillion market cap as stock continues post-earnings surge
CNBCcnbc.com/2026/08…The Denver-based software firm reported adjusted earnings of 41 cents per share for the second quarter, beating analysts' expectations of 35 cents, while revenue climbed to $1.94 billion, well ahead of the $1.80 billion forecast compiled by LSEG
International Business Timesibtimes.com/stocks/are…US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen
The Manila Timesmanilatimes.net/2026/08…Software giant Microsoft posted its largest single-day jump in the company’s history after robust earnings helped quell concerns about its huge AI spend
National Business Reviewnbr.co.nz/market/review…Asustek Computer Shares Jump Nearly 10% as Taiwan Tech Rally Follows Microsoft's Blowout Earnings Beat
International Business Times AUibtimes.com.au/asustek/compute…Amazon (AMZN) stock rallied in early morning trade on Friday, on track to hit an over one-month high, after its second quarter earnings exceeded market expectations, resulting in a slew of price hikes from Wall Street
Asianet Newsablenewsable.asianetnews.com/marke…Amazon soars after CEO Andy Jassy makes the case for its massive AI investment
CNBCcnbc.com/2026/07…Apple on Thursday evening reported quarterly beats on its top and bottom lines
CNBCcnbc.com/2026/07…Dwindling cash and soaring memory costs: Tech's AI buildout has ballooning price tag
CNBCcnbc.com/2026/07…Microsoft's 43% surge in Azure revenue and 10 million additional paid Copilot seats offest concerns about $175 billion in fiscal 2026 capital expenditures
International Business Timesibtimes.com/microsoft/surges…Apple drops 7%, Amazon surges 12% as investors pick AI winners after earnings
CNBCcnbc.com/2026/07…Tech giants are setting records every few months for how much they are spending on artificial intelligence — but this time, some jitters are also growing
The New York Timesnytimes.com/2026/07…Amazon Q2 net sales rise 20%, net income surges
China Dailychinadaily.com.cn/a/202607…Amazon is set to announce its second-quarter earnings after the bell on Thursday
CNBCcnbc.com/2026/07…Reddit shares sink 11% on 'choppy' search referrals even as results blow past estimates
CNBCcnbc.com/2026/07…Tech giants are setting records every few months for how much they are spending on artificial intelligence — but this time, some jitters are also growing
The New York Timesnytimes.com/2026/07…Micron Shares Surge Nearly 15% as Samsung's Record Profits Point to a Deepening Chip Shortage Through 2028
International Business Times AUibtimes.com.au/micron/technolo…Most memory chipmakers extended Thursday’s gain after-hours as tech bigwigs flag continued rise in memory prices
Asianet Newsablenewsable.asianetnews.com/marke…Amazon CEO meets PM Modi, confirms $48 billion investment, AI expansion in India by 2030
Hindustan Timeshindustantimes.com/india/news…Amazon to Invest Additional $13 Billion in India by 2030
The Wall Street Journalwsj.com/tech/amazon…Amazon CEO Andy Jassy met Prime Minister Narendra Modi on Thursday, detailing his firms big investment plans in India during the 2026-2030 period
Hindustan Timeshindustantimes.com/india/news…Blue Origin faces months of delays after rocket explosion damages launch pad
Deccan Heralddeccanherald.com/science/space…Public warned not to touch wreckage after New Glenn explodes during test firing
Gulf Newsgulfnews.com/world/americas…Walmart and Amazon race to win over rural America with speedier deliveries
The Independentindependent.co.uk/news/amazon…The e-commerce giant has expanded the reach of its ultra-fast service delivery service Amazon Now, which brings thousands of grocery, household essentials and other items tailored for local markets to customers in about 30 minutes or less
CNBCcnbc.com/2026/05…Andy Jassy says Amazon investors will be rewarded by all its AI spending
CNBCcnbc.com/2026/05…More than four million users now access OpenAI’s coding assistant Codex weekly, a recent uptake of one million users in two weeks proving just how quickly the competitive gap in developer tools is widening
South China Morning Postscmp.com/presented/tech…Intel's stock more than doubles in April for best month in chipmaker's 55 years on Nasdaq
CNBCcnbc.com/2026/04…MediaTek shares have leapt more than 80% this year
Reutersreuters.com/business/media…AI boom: Big Tech capital expenditures now seen topping $1 trillion in 2027
CNBCcnbc.com/2026/04…Market watchers looking for clarity on the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports
NBC Newsnbcnews.com/business/markets…Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand
CNBCcnbc.com/2026/04…All four of the U.S. tech giants that reported results on Wednesday signaled that spending on artificial intelligence would not slow down, with combined outlays now set to surpass $700 billion this year, up from around $600 billion previously
Reutersreuters.com/business/retail…Amazon reports increased in profits and sales for 1Q
The Independentindependent.co.uk/news/amazon…Amazon was one of several tech giants that on Wednesday beat Wall Street’s first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels
TechCrunchtechcrunch.com/2026/04…Meta Signs Multibillion-Dollar Deal With Amazon to Use Its CPU Chips for AI
The Wall Street Journalwsj.com/cio/journal…In recent weeks Meta has signed deals worth a combined $48 billion with CoreWeave and Nebius, both of which rent out access to Nvidia graphics processing units, or GPUs, that run AI models
CNBCcnbc.com/2026/04…Marvell stands to gain from boosted Amazon-Anthropic partnership
CNBCcnbc.com/2026/04…OpenAI is mobilizing consulting partners and touting its compute edge to claw back enterprise customers from Anthropic, as both labs barrel toward potential IPOs
Axiosaxios.com/2026/04…Amazon Stock Jumps 4.5% as AI Optimism Eases Fears Over $200 Billion CapEx Spending Spree
International Business Times AUibtimes.com.au/amazon/stock…Amazon CEO Andy Jassy’s annual shareholder letter reads something like a Kendrick Lamar diss track, if the rapper was a corporate-speak talking CEO and not a poetic Pulitzer-prize winning musician
TechCrunchtechcrunch.com/2026/04…Amazon CEO sees AI doubling prior AWS sales projections to $600 billion by 2036
Reutersreuters.com/business/amazon…Iran Puts Amazon, Google and Other Tech Firms on Target List as 'Enemy Technology Infrastructure'
International Business Timesibtimes.com/iran/puts…Smoke rose after a reported Iranian drone strike on a fuel facility of Bahrain International Airport on Thursday
The New York Timesnytimes.com/2026/03…Iran says major U.S. tech firms now among its targets in the Middle East
CBS Newscbsnews.com/news/iran…Amazon, Google and others struck deals in the Persian Gulf to foot the bill for A.I. development
The New York Timesnytimes.com/2026/03…Deadly strike on Iranian primary school raises questions about AI, accountability
South China Morning Postscmp.com/news/china…Iran has listed a number of major U.S. tech companies as potential targets as it expands its attacks across the Middle East in retaliation for the ongoing U.S. and Israeli attacks on its military and security forces and leadership
CBS Newscbsnews.com/news/iran…Chipmaking tool provider KLA unveils $7 billion share buyback
Reutersreuters.com/business/chipmakin…States including California and New York, along with the U.S. Federal Trade Commission, have raised concerns about the collection and use of personal data to determine prices
Newsmaxnewsmax.com/politics/elizabeth…OpenAI Hits 900 Million Weekly Users, Raises $110B in Fresh Funding
Newsweeknewsweek.com/openai/hits…OpenAI Finalizes $110 Billion Funding at $730 Billion Value
Bloomberg Newsbloomberg.com/news/articles…Nvidia Shares Surge on Big Tech’s $650 Billion AI-Spending Plan
Bloomberg Newsbloomberg.com/news/articles…Supporters of the bullish case point to aggressive capital expenditure plans by major technology companies, which they believe will eventually benefit Nvidia
Asianet Newsablenewsable.asianetnews.com/marke…AMZN Stock Falls To 8-Month Lows In Pre-Market After Declining Below 200-DMA For First Time Since October
Asianet Newsablenewsable.asianetnews.com/marke…Amazon Web Services ended 2025 with its strongest quarterly growth rate in more than three years
TechCrunchtechcrunch.com/2026/02…Amazon Confirms 16,000 Job Cuts Starting Today: Here's What It Is Offering Impacted Employees
Free Press Journalfreepressjournal.in/tech/amazo…The Jeff Bezos-led tech giant has announced another massive round of layoffs, cutting approximately 16,000 corporate roles just three months after implementing a previous reduction
International Business Timesibtimes.com/amazon/axes…Amazon CEO: Prices have gone up from tariffs
CNNcnn.com/2026/01…Well, that might not be an accidental increase, as many shoppers have noticed that Amazon products seem more expensive than before
International Business Timesibtimes.com/are/donald…