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The Latest Breaking News from Jassy

Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results

The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster than the 28% clip in the previous quarter and marking the fastest rate of growth in 18 quarters.

The Economic Times

$50 Billion in Revenue a Year: How the Trainium Chip Business Could Soon Seriously Move the Needle for Amazon Stock

$50 Billion in Revenue a Year: How the Trainium Chip Business Could Soon Seriously Move the Needle for Amazon Stock

Amazon is positioning its Trainium chips as a potential $50 billion revenue engine, signaling a major new growth pillar beyond AWS.

Amazon CEO Andy Jassy Thinks The Weekly Grocery Run Is Dead

Amazon CEO Andy Jassy Thinks The Weekly Grocery Run Is Dead

Andy Jassy thinks your grocery list needs a software update. The Amazon.com Inc (NASDAQ:AMZN) CEO believes the "weekly stock up" is on its way out — replaced by a new kind of grocery behavior that blends everyday essentials, perishables, and AI-driven convenience. "We have a very large grocery business," Jassy…

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Tom Lee Calls Amazon An Early Signal As Andy Jassy Says No Price Hike Despite Trump Tariffs: 'Absence Of Inflation' Is A 'Positive' Sign

Fundstrat Global Advisors Head of Research Tom Lee highlighted Amazon Inc. (NASDAQ:AMZN) as a critical early indicator for U.S. inflation trends, calling the retail giant’s stable pricing amid tariff pressures a “meaningful” signal for market conditions.

Liverpool band's Eurovision hope after being told they're 'perfect fit'

They believe a Scouse band deserves to be on the Eurovision 2023 stage

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