Analysts reboot Amazon stock price target ahead of earnings

thestreet.com Andy Jassy ain't no Isaac Newton, but he knows how gravity works. Responding to what he called a "provocative question," the Amazon (AMZN) chief executive explained the…

Prediction: This "Magnificent Seven" Stock Will Be the Biggest Winner of the AI Boom

finance.yahoo.com Investors are flocking to artificial intelligence (AI) stocks these days because of the technology's potential to make companies more efficient and even transform certain…

Prediction: This Artificial Intelligence (AI) Stock Could Be Worth More Than Microsoft 5 Years From Now

finance.yahoo.com Microsoft (NASDAQ: MSFT) is now the most valuable company in the world, with a market capitalization of just over $3 trillion. The proliferation of artificial intelligence…

They Love Their $14.95 Million Hamptons House. The Problem? Their Dog Hates It

wsj.com Bryan Graybill and Daniel Dokos built their dream home in Sag Harbor but are now selling it because their goldendoodle Rufus gets “pouty” when he’s there

How businesses are actually using generative AI

economist.com IT HAS BEEN nearly a year since OpenAI released GPT-4, its most sophisticated artificial-intelligence model and the brain-of-sorts behind ChatGPT, its groundbreaking robot…

Amazon’s marketplace is broken

fastcompany.com On Thursday, Amazon CEO Andy Jassy released his third letter to shareholders since Jeff Bezos departed the company to go build an island compound in Miami. That annual memo…

Amazon adds Andrew Ng, AI visionary and Baidu alumnus, to its board

scmp.com Ng’s AI Fund, which he founded in 2017, invests in entrepreneurs building artificial intelligence companies. Previously, he led AI teams at the Chinese tech company Baidu…

Amazon CEO Andy Jassy touts AI push in shareholder letter

aol.com 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…

GenAI will be bigger than the cloud or the internet, Amazon CEO hopes

theregister.com It's safe to say Amazon CEO Andy Jassy is pretty jazzed about generative AI's potential to drive profits. "Generative AI may be the largest technology transformation since…

Amazon CEO Andy Jassy says the benefits of AI 'will astound us all'

finance.yahoo.com CEO Andy Jassy is finally going all in on generative AI. In his annual letter to shareholders on Thursday, the Amazon chief said the technology is the company’s next major…

AI mania, faster delivery, and other takeaways from Andy Jassy’s letter to Amazon shareholders

fastcompany.com This morning, Amazon CEO Andy Jassy published his 2023 letter to shareholders. The year began with quite a splash for Amazon, as the company instituted the largest job cuts…

The future of AI will run on Amazon, says company CEO

washingtonpost.com While Amazon has widely been viewed by consumers and the market as falling behind on AI, Jassy said in his letter that he’s “optimistic that much of this world-changing AI…

Amazon CEO Andy Jassy in shareholder letter says he's committed to cost cutting while investing in AI

cnbc.com Amazon CEO Andy Jassy on Thursday published his annual shareholder letter, where he pledged to look for ways to keep costs in check even as the company doubles down on…

Amazon CEO Andy Jassy’s Pay Rose Slightly in 2023, Says Streaming TV Ads “Growing Quickly”

hollywoodreporter.com Amazon filed its annual report and proxy filing Thursday morning, revealing 2023 compensation for CEO Andy Jassy and chairman Jeff Bezos, with Jassy writing the company’s…

Amazon CEO: "We're deeply investing" in generative AI

axios.com Amazon CEO Andy Jassy revealed details about the company's investments in generative AI in his annual shareholder letter published Thursday. Why it matters: It costs money…