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The Latest Breaking News from Andy Jassy

Amazon Layoffs Continue: Team Behind Its Top AI Models Hit by Job Cuts

Amazon's AGI team faces layoffs amid a $200B AI push, signaling shifts in its AI focus ahead of Q2 results. Explore the impact on Amazon's AI ambitions and workforce.

International Business Times UK

Investors Are Undervaluing Amazon Stock After the SpaceX IPO. Its Space Business Is Definitely Worth More Than $0.

Amazon's Leo satellite business has signed Apple, Delta, and JetBlue. AMZN stock is getting almost no credit for it.

Barchart

Blackstone’s president tells Gen Z that just being nice could land them a promotion because ‘people want you to win if you treat them in a good way’

Jon Gray, Blackstone's president and COO, says elite degrees may get you in the door, but caring more will set you apart for success.

Fortune

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Amazon Replaced a 50-Person Team With 5 Guys and AI in 65 Days, While Bezos Claims AI Won't Kill Jobs

Amazon's AI-driven restructuring highlights efficiency gains, completing a year-long project in 65 days with five staff. Jeff Bezos predicts AI will create labour shortages, not job losses.

International Business Times UK

Amazon Is Spending So Much on AI That Even Its Cash Isn’t Enough. Why Investors Shouldn’t Be Worried.

Amazon's new bond offering shows AI is an expensive game to play. Amazon wants to win at all costs.

Barchart

Amazon’s $25 billion ‘surprise’ bond sale dangled extra yield to lure in buyers—and flashed a warning sign about the AI boom

Hyperscalers have sold an estimated $194 billion in AI-related bonds this year, and widening spreads on Amazon’s latest bond issuance show the market wants tech giants to pony up.

Fortune

Dear Amazon Stock Fans, Mark Your Calendars for July 2

Amazon is rolling out a July 2 Prime fuel and grocery deal. Here is why AMZN stock investors should treat it as more than a holiday promo.

Barchart

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AWS CEO says replacing young employees with AI is 'one of the dumbest ideas'—and bad for business: 'At some point the whole thing explodes on itself'

Amazon laid off 14,000 employees last fall, but CEO Andy Jassy denied the reductions were related to AI.

Fortune

Amazon open to acquisitions in India, says CEO Andy Jassy

Asked whether Amazon would consider acquisitions in the quick commerce space and whether it might invest in homegrown AI companies such as Sarvam AI or Emergent Labs as part of India's sovereign AI push, the CEO said the company would evaluate potential targets based on their technology, customer experience, and…

The Economic Times

Google CEO tells graduates to stop obsessing over first jobs because ‘very few moments are make or break’ in life—a lesson he learned in Vegas

Before leading the $4 trillion tech giant, Sundar Pichai says a spontaneous college trip to Las Vegas taught him a lesson Gen Z graduates need to hear.

Fortune

Amazon CEO meets Modi; Delhivery investors cash out

Amazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETtech Top 5.

The Economic Times

Amazon's record USD 48 billion investment shows growing interest across the world to invest in India, says PM Modi

Amazon is set to invest a record $48 billion in India between 2026 and 2030, with over $21 billion earmarked for AI and cloud infrastructure. Prime Minister Narendra Modi welcomed the significant investment, highlighting its potential to create new opportunities for Indian youth and underscoring India's growing global investment appeal.

The Economic Times

Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030

Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to over $21 billion. This significant commitment, announced after CEO Andy Jassy met Prime Minister Modi, aims to bolster AWS data centers and provide advanced AI technologies to businesses and…

The Economic Times

Bill Ackman, David Tepper, and other billionaire fund managers are quietly piling into Amazon

Even as Warren Buffett’s Berkshire Hathaway exited the stock, big institutions bought 253 million more shares of Amazon during the past 12 months.

Fortune

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Barchart

Amazon Stock Has Stumbled in 2026. Prime Day Could Change the Story.

Amazon heads into Prime Day facing investor concerns over AI spending, with the shopping event set to provide a key test of consumer demand and AI-driven sales tools

The Economic Times

Maharashtra CM meets Amazon CEO, invites company to invest in data centres, healthcare

Maharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy, urging investment in the state's data centres, healthcare, and AI-driven skill development. Fadnavis highlighted Maharashtra's ambition to double its economy by 2030 and its commitment to leveraging AI for public services. The state is fostering a robust ecosystem for tech…

The Economic Times

Amazon CEO in India Now; Hyderabad’s growing spacetech orbit

Amazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech Top 5.

The Economic Times

Amazon CEO Andy Jassy visits India; to meet PM Modi on Thursday

The visit comes as Amazon sharpens its focus on quick commerce in the country. The company announced that it is expanding its 10-minute delivery service, Amazon Now, to 300 cities. Currently, Amazon Now has about 500 dark stores across 15 metro and non-metro cities, including Bengaluru, Delhi-NCR, Mumbai, Pune, Hyderabad,…

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TechRadar

Quote of the day by Amazon CEO Andy Jassy: 'There is no compression algorithm for experience' — wisdom on avoiding shortcuts in life and business

At a time of heavy automation and job losses, enterprises must also consider how useful individuals with real, practical experience might be

Fortune

The week that changed AI: Inside Trump's Anthropic crackdown, and how a phone call from Amazon CEO Andy Jassy triggered the chaos

The fight over Anthropic’s Mythos model is rewriting the rules of AI regulation, with consequences for the trillion dollar startup, the AI industry, and global security.

Fortune

Meet the CEO of US Polo Assn: He grew up in one of America's poorest regions and now hosts Prince William and runs a $2.7 billion brand

The U.S. Polo Assn. CEO studied accounting when millennials and boomers were abandoning it—and it opened the door to a $2.7 billion career in luxury fashion.

Fortune

Make no mistake: the U.S. now has a licensing regime for frontier AI

With its decision on Anthropic's Mythos and Fable, the Trump administration has created a de facto licensing regime that throws into question the trajectory of frontier AI development.

Fortune

The CEO of $3 billion Michaels tells young workers to quit daydreaming and take risks because ‘the universe rewards doing things in action’

Michaels CEO David Boone tells new grads that “the universe rewards doing things in action versus analyzing and thinking about things.”

International Business Times UK

Why Claude Fable 5 Was Banned Worldwide Just 72 Hours After Becoming the Most Powerful AI Ever Released to the Public

The US government ordered Anthropic to disable its AI models, Fable 5 and Mythos 5, due to security concerns, following Amazon's warning about potential cyberattack risks.

Fortune

Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now he’s in the World Cup

When Ricardo Pepi stepped out for the US World Cup opener, it marked more than a debut, it was payoff for parents who raised him in a trailer on sacrifice.

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