, Columnist
Amazon’s Top-to-Bottom Spending on AI Is Paying Off
CEO Andy Jassy’s Swiss Army knife strategy sets up the company nicely in the fierce artificial intelligence competition.
Amazon CEO Andy Jassy’s assurances to investors are coming true.
Photographer: David Paul Morris/Bloomberg
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The storm clouds are finally starting to clear over the head of Amazon.com Inc. Chief Executive Officer Andy Jassy.
After taking over from Jeff Bezos, Jassy has mostly been confronted with challenges. Regulators have been on his back. The e-commerce business needed some serious reining in after overexpanding during the pandemic. Amazon’s grocery stores have been a disappointment. He’s laid off thousands of employees and shut down some projects.