Amazon.com Inc. AMZN CEO Andy Jassy on Wednesday said that the company noted the imbalance between supply and demand early ...
Amazon.com CEO Andy Jassy’s annual shareholder letter made it clear that the company is fully committed to its artificial-intelligence initiatives, even as some investors balk at their steep cost.
Amazon CEO Andy Jassy made $2.1 million last year and had millions of dollars' worth of company stock.
Andy Jassy uses his annual shareholder letter to tout AI vision, investments in robotics and rural delivery.
Amazon shares have struggled so far this year as investors question the company's aggressive AI spending plans.