Business Insights
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact

Archives

  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • August 2023
  • January 2023
  • December 2021
  • July 2021
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Business
  • Crypto
  • Economy
  • Finance Expert
  • Forex
  • Invest News
  • Investing
  • Tech
  • Trading
  • Uncategorized
  • Videos
Subscribe
Money Visa
Money Visa
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact
Andy Jassy’s focus on explaining Amazon’s AI bets publicly is something other CEOs can learn from
  • Finance Expert

Andy Jassy’s focus on explaining Amazon’s AI bets publicly is something other CEOs can learn from

  • May 22, 2025
  • Roubens Andy King
Total
0
Shares
0
0
0
Total
0
Shares
Share 0
Tweet 0
Pin it 0

  • In today’s CEO Daily: Jason Del Rey on the leadership lessons from Amazon’s annual shareholder meeting.
  • The big story: OpenAI is acquiring io, an AI product startup founded by the creator of the iPhone.
  • The markets: Ticking down.
  • Analyst notes from JPMorgan and Goldman Sachs.
  • Plus: All the news and watercooler chat from Fortune.

Good morning. This is Jason Del Rey, Fortune’s tech correspondent, covering for Diane while she’s traveling. 

Yesterday, I listened to Amazon’s annual shareholder meeting, which was about as unexciting as any big, powerful company could hope for. Investors voted down all shareholder proposals, which called for more oversight over or transparency from the tech titan.

But I did find it noteworthy that Amazon CEO Andy Jassy used this forum as another opportunity to build trust in Amazon’s heavy AI spending spree, as I wrote yesterday. The tech giant is unleashing around $100 billion in capital expenditures this year, primarily focused on this space, compared to $78 billion in 2024. And the way he’s explaining and justifying those costs to stakeholders is something that other chief executives could potentially learn from.

The CEO cited gen AI uses across two realms: “cost avoidance and productivity” and “altogether new customer experiences.” In the first bucket, he referenced the company’s existing core customer service chatbot, which was rearchitected using gen AI, as well as gen AI tools that help Amazon sellers create new listings quicker, and ones that help the company forecast customer demand for inventory more accurately. In the second bucket, Jassy breezed through a bevy of customer-facing products, from the Rufus shopping assistant to the new Alexa Plus voice assistant, which the company began rolling out to a limited customer base last month.

Jassy’s continued focus on explaining the company’s AI bets publicly—both here as well as recently on the company’s earnings calls and at company events for the press and partners—might sound repetitive for ultra-close observers of the company like me.

But the consistency seems like a smart move for a CEO with so many stakeholders to worry about—shareholders, shopping customers, AWS customers, sellers, corporate and front-line employees, and potential talent as well.

Obviously the advantage Jassy has, that many other CEOs don’t, is a bevy of consumer-facing gen AI-powered products that are easier for the general public, and internal employee base, to focus on rather than some of the thornier—maybe more mainstream use cases initially being adopted by other companies. 

That’s to say for every Rufus or Alexa Plus or AI-powered customer review summary box that Jassy can point to, many smaller companies are staring down initial gen AI use cases that focus on replacing human work or, at a minimum, reducing the amount of work necessary for human staff—with workforce reduction a natural result if not a goal. And messaging that to the public is a much trickier task. 

More news below.
Contact CEO Daily via Diane Brady at diane.brady@fortune.com

This story was originally featured on Fortune.com

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Roubens Andy King

Previous Article
Amazon is selling 'intuitive' 0 4K night vision binoculars for only , and they have 'crystal clear' images
  • Trading

Amazon is selling 'intuitive' $130 4K night vision binoculars for only $70, and they have 'crystal clear' images

  • May 22, 2025
  • Roubens Andy King
Read More
Next Article
Stock Futures Climb as Treasury Yields Hold Steady After Weak Auction
  • Investing

Stock Futures Climb as Treasury Yields Hold Steady After Weak Auction

  • May 22, 2025
  • Roubens Andy King
Read More
You May Also Like
Everyone’s watching Jerome Powell as warnings flash for the U.S. economy
Read More
  • Finance Expert

Everyone’s watching Jerome Powell as warnings flash for the U.S. economy

  • Roubens Andy King
  • August 1, 2025
Trump says he plans to fire BLS chief after poor U.S. jobs report
Read More
  • Finance Expert

Trump says he plans to fire BLS chief after poor U.S. jobs report

  • Roubens Andy King
  • August 1, 2025
Indivior (INDV) Extends Jump on 3rd Day with 16% Gain
Read More
  • Finance Expert

Indivior (INDV) Extends Jump on 3rd Day with 16% Gain

  • Roubens Andy King
  • August 1, 2025
Expect still 3 rate cuts amid ‘murky’ economic data – HSBC’s James Pomeroy (US10Y:null)
Read More
  • Finance Expert

Expect still 3 rate cuts amid ‘murky’ economic data – HSBC’s James Pomeroy (US10Y:null)

  • Roubens Andy King
  • August 1, 2025
Global 500 hits record high for female CEOs
Read More
  • Finance Expert

Global 500 hits record high for female CEOs

  • Roubens Andy King
  • August 1, 2025
Will your spouse automatically inherit your 401(k)? 
Read More
  • Finance Expert

Will your spouse automatically inherit your 401(k)? 

  • Roubens Andy King
  • August 1, 2025
UBS Raises PT on Amgen Inc. (AMGN) to 6 From 5, Keeps a Neutral Rating
Read More
  • Finance Expert

UBS Raises PT on Amgen Inc. (AMGN) to $326 From $315, Keeps a Neutral Rating

  • Roubens Andy King
  • August 1, 2025
Exxon Mobil Non-GAAP EPS of .64 beats by alt=
Read More
  • Finance Expert

Exxon Mobil Non-GAAP EPS of $1.64 beats by $0.09, revenue of $81.51B beats by $1.2B (NYSE:XOM)

  • Roubens Andy King
  • August 1, 2025

Recent Posts

  • The alarming reason so many tech companies are raising cash
  • Mistral is in discussions, including with Abu Dhabi’s MGX, to raise $1B at a valuation of about $10B, up from its previous valuation of €5.8B (Financial Times)
  • Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking?
  • SEC Just ‘Lit A Rocket Under’ Ethereum, Says Expert
  • Dozens of countries scramble to cope with latest wave of Trump trade tariffs | Trump tariffs
Featured Posts
  • The alarming reason so many tech companies are raising cash 1
    The alarming reason so many tech companies are raising cash
    • August 1, 2025
  • Mistral is in discussions, including with Abu Dhabi’s MGX, to raise B at a valuation of about B, up from its previous valuation of €5.8B (Financial Times) 2
    Mistral is in discussions, including with Abu Dhabi’s MGX, to raise $1B at a valuation of about $10B, up from its previous valuation of €5.8B (Financial Times)
    • August 1, 2025
  • Ethereum Taker Sell Volume Hits 5M In Just 2 Minutes: Panic Or Profit-Taking? 3
    Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking?
    • August 1, 2025
  • SEC Just ‘Lit A Rocket Under’ Ethereum, Says Expert 4
    SEC Just ‘Lit A Rocket Under’ Ethereum, Says Expert
    • August 1, 2025
  • Dozens of countries scramble to cope with latest wave of Trump trade tariffs | Trump tariffs 5
    Dozens of countries scramble to cope with latest wave of Trump trade tariffs | Trump tariffs
    • August 1, 2025
Recent Posts
  • How To Make A College List: Finding Academic and Financial Fit
    How To Make A College List: Finding Academic and Financial Fit
    • August 1, 2025
  • Dow falls over 500 points as investors digest hiring slowdown and new U.S. tariffs
    Dow falls over 500 points as investors digest hiring slowdown and new U.S. tariffs
    • August 1, 2025
  • Liam Neeson’s net worth as ‘The Naked Gun’ hits theaters
    Liam Neeson’s net worth as ‘The Naked Gun’ hits theaters
    • August 1, 2025
Categories
  • Business (1,303)
  • Crypto (698)
  • Economy (105)
  • Finance Expert (1,156)
  • Forex (699)
  • Invest News (1,586)
  • Investing (886)
  • Tech (1,289)
  • Trading (1,273)
  • Uncategorized (1)
  • Videos (775)

Subscribe

Subscribe now to our newsletter

Money Visa
  • Privacy Policy
  • DMCA
  • Terms of Use
Money & Invest Advices

Input your search keywords and press Enter.