Latest Andrew Jassy News

Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors

Apr. 11, 2024 09:49 AM EDT

Amazon is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among startups and big technology companies. The Seattle company said Thursday that Ng, a managing director at the Palo Alto, California-based AI...

Amazon is removing Just Walk Out technology from its Fresh grocery stores in the US

Apr. 02, 2024 15:44 PM EDT

NEW YORK (AP) — Amazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain. The company’s well-known technology lets customers pay for items without standing in line and sends them receipts afterwards. Amazon says it...

Amazon reports better-than-expected revenue, profits for the holiday shopping season

Feb. 01, 2024 17:48 PM EST

Amazon on Thursday reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season. The Seattle-based e-commerce company said it earned $170 billion in revenue and $10.6 billion in profits during the...