‘Not on a hunch’: Andy Jassy defends Amazon’s $200B spending spree
“It’s hard to overstate my optimism for what’s ahead,” Amazon CEO Andy Jassy writes in his new shareholder letter. (GeekWire File Photo)
Andy Jassy’s new letter to Amazon shareholders is a data-heavy defense of the tech giant’s biggest bets — from AI and custom chips to satellite internet and 20-minute delivery.
In the process, the Amazon CEO discloses that AI revenue for AWS has hit a $15 billion annual run rate, that Amazon’s internal chips business is generating over $20 billion a year, and t...
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