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The Latest Breaking News from Adam Selipsky

Amazon Quarterly Profit Doubles As Cloud Business Grows

Amazon reported Thursday its profit in the recently ended quarter doubled to $13.5 billion with the help of renewed momentum of its AWS cloud computing business.

International Business Times

AWS CEO Adam Selipsky is stepping down

AWS CEO Adam Selipsky is stepping down

AWS confirms Matt Garman as new CEO as Adam Selipsky steps down with immediate effect.

Amazon Cloud CEO Stepping Down, With AWS Veteran Named To Role

Amazon Cloud CEO Stepping Down, With AWS Veteran Named To Role

The leader of Amazon Web Services will step down in June. Amazon stock was lower after the news.

Investors Business Daily

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Race For AI Isn't Zero-sum, Says Amazon Cloud Boss

As Google races with Microsoft and OpenAI to create world-changing generative artificial intelligence, some critics see Amazon as lagging behind.

International Business Times

Amazon’s big bet on Anthropic looks even more important after the OpenAI drama

Big Tech cloud providers are racing to arm themselves in the generative AI chatbot wars.

Amazon Launches Q, An AI-Powered Chatbot Transforming AWS Customer Experience

Priced at $20 per user per year and currently in public preview, Q leverages 17 years of AWS knowledge to provide users with intelligent responses, actionable insights and transformative qualifications.

International Business Times UK

OpenAI’s ongoing uncertainty is a gift to the company’s rivals

Reports suggest Microsoft won’t be getting an OpenAI board seat after all.

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Amazon Q is the AWS AI-powered chatbot looking to solve all your workplace problems

Amazon Q is the AWS AI-powered chatbot looking to solve all your workplace problems

AWS re:Invent 2023: AWS unveils its AI-powered workplace assistant, Amazon Q.

AWS CEO - the cloud is for everyone, so don’t stop reinventing

AWS CEO - the cloud is for everyone, so don’t stop reinventing

AWS re:Invent 2023: Adam Selipsky lays out an AI-flavored future for the cloud and beyond.

What is Anthropic? The buzzy AI startup just got up to $4 billion in funding from Amazon as part of a colossal tech alliance

What is Anthropic? The buzzy AI startup just got up to $4 billion in funding from Amazon as part of a colossal tech alliance

Anthropic will get $1.25 billion upfront as well as access to tools Amazon is creating for AI developers.

Amazon Launches AWS Generative AI Innovation Center With $100M Investment

Amazon Launches AWS Generative AI Innovation Center With $100M Investment

Amazon invests $100M in its AWS Generative AI Innovation Center to accelerate AI development for customers

Amazon CEO Andy Jassy dismisses Microsoft and Google A.I. ‘hype cycle,’ says Amazon has a ‘substance cycle’

Amazon CEO Andy Jassy dismisses Microsoft and Google A.I. ‘hype cycle,’ says Amazon has a ‘substance cycle’

Amazon’s A.I. strategy is to turn itself into a major player across the entire A.I. supply chain.

Amazon’s AWS Invests $100 Million To Build Generative AI Center

Amazon’s AWS Invests $100 Million To Build Generative AI Center

Amazon is pushing ahead with a well-thought-out strategy for AI, focusing on helping businesses use generative AI with a $100M

Amazon is playing the long game on A.I.

Amazon is playing the long game on A.I.

Amazon's cloud unit CEO, Adam Selipsky, said the company was playing the long game.

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The CEO of Amazon Web Services likes to hire people who are ‘restless and dissatisfied.’ Here’s why

Adam Selipsky, who runs Amazon's massive cloud computing business, says "If you’re not dissatisfied with what you see around you, you’re usually not compelled to reinvent something."

How Amazon grew an awkward side project into AWS, a behemoth that’s now 4 times bigger than its original shopping business

Over two decades, AWS has become the ultimate case study in corporate innovation.

Tribune News Service

Amazon shareholders approve $200M payout to CEO Jassy, reject worker safety, climate initiatives

At its annual meeting for shareholders, Amazon's investors approved a more than $200 million payout for CEO Andy Jassy and voted against 15 proposals asking the company to report on worker safety, climate goals, pay rates, use of its face recognition technology and its stance on workers' right to unionize.

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