Read Amazon CEO's annual letter. He predicts AI will get cheaper thanks to chip improvements.

Amazon CEO Andy Jassy pointed to chips as "the biggest culprit" behind the cost of AI. "Most AI to date has been built on one chip provider."
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Amazon's chief predicts the end of brick-and-mortar retail

Amazon CEO Andy Jassy recently made a bold prediction about the future of retail, suggesting that traditional brick-and-mortar stores may soon become obsolete. This statement comes amid Amazon’s own expansion into physical retail spaces, a move that ...

AWS CEO Matt Garman Doesn’t Think AI Should Replace Junior Devs

The head of Amazon Web Services has big plans to offer AI tools to businesses but says that replacing coders with AI is “a nonstarter for anyone who’s trying to build a long-term company.”
CRN

AWS’ Nova 2 AI Models Launched At re:Invent 2025 As CEO Touts New Innovation

AWS CEO Matt Garman’s keynote at AWS re:Invent 2025 in Las Vegas on Tuesday focused on the $132 billion cloud leader’s new Nova 2 AI models: Lite, Pro, Sonic and Omni. Garman dubbed Nova 2 Lite as the most cost-effective reasoning model for everyday workloads on the market today.
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Amazon CEO says recent mass layoffs were due to "culture" and "removing layers" - not AI

Amazon CEO expands on motivation for recent major job cuts Cuts were "not even really AI-driven...it's culture", says Andy Jassy Up to 14,000 corporate roles could be cut in latest losses Amazon CEO Andy Jassy has revealed more details on the company's ...
Grocery Dive

Recapping 2025’s flurry of major CEO moves

Major players like Kroger, Albertsons, Walmart and Amazon announced new leadership as economic and competitive forces impacted the industry.