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The Latest Breaking News from Matt Garman

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 this fall, but CEO Andy Jassy denied the reductions were related to AI.

Fortune

Arm Holdings To Open Chip School In South Korea To Train 1,400 Experts For AI

South Korea's industry ministry and SoftBank Group Corp.’s (OTC:SFTBY) (OTC:SFTBF) chip unit, Arm Holdings Plc (NASDAQ:ARM), signed an agreement to boost the country's semiconductor and artificial intelligence sectors, a presidential policy adviser announced Friday.

Benzinga

Amazon's AI Chip Trainium2 Hits Multi-Billion Dollar Revenue Run Rate As CEO Andy Jassy Unveils 4X Faster Successor

Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy revealed more insights on the next generation of the company’s AI chip, Trainium3, at the AWS re:Invent conference on Wednesday.

Benzinga

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Gene Munster Thinks Investors Are Now In 'Show Me' State Even As AWS CEO Matt Garman Says Demand Is 'Skyrocketing'

Investors may be hearing some of the most bullish AI commentary yet, but Gene Munster says Wall Street is unmoved even as Amazon.com Inc. (NASDAQ:AMZN) insists demand for artificial intelligence (AI) infrastructure is "skyrocketing."

Benzinga

"The world is not slowing down" - AWS CEO says AI agents will be bigger than the Internet, so act now

With AI agents becoming more important than ever, AWS CEO Matt Garman reveals what the company has planned.

TechRadar

AWS re:Invent 2025 - everything we saw as it happened

AWS re:Invent 2025 is done - here's what we saw.

TechRadar

AWS re:Invent 2025 Showcases AI Cutting 24,000 Work Hours a Year

AWS re:Invent 2025 showcases AI tools saving up to 24,000 work hours each year. HR leaders predict a 23% workforce shift by 2027, but many businesses lag in adoption.

International Business Times UK

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Amazon Web Services To Invest At Least $5 Billion In South Korea's AI Sector By 2031

Amazon.com Inc.’s (NASDAQ:AMZN) cloud computing unit has committed to investing a minimum of $5 billion in South Korea by 2031 to establish new artificial intelligence (AI) data centers.

Benzinga

As CEOs predict AI will rival humans in 5 years, Shark Tank’s Daniel Lubetzky tells Gen Z to get off TikTok and study Greek philosophers to get ahead

The billionaire warns Gen Z doomscrolling on TikTok is setting them up for failure; instead, he suggests picking up the writings of Plato, Socrates, and Aristotle.

Fortune

Coinbase CEO Brian Armstrong Admits Firing Engineers For Not Embracing AI Tools

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong revealed on John Collison's podcast "Cheeky Pint" that engineers who failed to adopt AI tools were dismissed.

Benzinga

'The dumbest thing I've ever heard': Amazon Web Services CEO lambasts replacing junior employees with AI, but he still loves AI

AWS CEO Matt Garman spoke up for entry-level jobs, but still insists AI will change all jobs.

PC Gamer

“The dumbest thing I've ever heard" - AWS CEO slams plans for AI to replace junior human workers

AWS CEO Matt Garman says junior workers could actually be the most important within a company, and AI won’t replace them.

TechRadar

AWS CEO Says Firing Junior Staff For AI Is The 'Dumbest' Thing He's Ever Heard — Warns Companies Risk Having No Talent Pipeline In 10 Years

Amazon Web Services CEO Matt Garman delivered a stark warning to business leaders rushing to replace entry-level workers with artificial intelligence tools, calling such moves “one of the dumbest things I’ve ever heard.”

Benzinga

Amazon Web Services CEO Matt Garman talks about why the company lagged rivals in AI—until now

Also: All the news and watercooler chat from Fortune.

Fortune

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TechRadar

Amazon is planning one of its biggest cloud investments yet as it goes big down under

AWS looks to expand data center infrastructure and clean energy network in Australia with AU$20 billion investment.

AAP

Amazon to inject $20b into Australian 'AI revolution'

Tech giant Amazon is expanding its footprint in Australia with a $20 billion investment to boost data centres with a focus on artificial intelligence.

TechRadar

Amazon is apparently going all-in on agentic AI

Ex-AWS AI VP will report directly to CEO Matt Garman from a new team dedicated to agentic AI innovation.

Fortune

Amazon execs are boasting about their AI strategy amid the DeepSeek R1 frenzy

As AWS added China's DeepSeek's RI model to its customer menu of cloud AI services, company execs said the upstart AI company proved Amazon's AI playbook is the right one.

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Fortune

AWS CEO Matt Garman on startups, nuclear power, and soaring AI compute costs

Amazon Web Services CEO Matt Garman spoke to Fortune about the cloud giant’s startup strategy.

Benzinga

Amazon's AWS CEO Teases Major AI Advancements

Matt Garman, CEO of Amazon, describes AI as a transformative technology with endless potential. AWS re:Invent to showcase AI and cloud updates.

Fortune

Andy Jassy denies that 5-day RTO plan is a "backdoor layoff"

Jassy insists the move is about strengthening company culture.

TechRadar

Amazon CEO denies forced return to office move is "backdoor layoff"

Andy Jassy says Amazon’s new five-day RTO policy, up from three days, isn’t a layoffs exercise.

Tom’s Hardware

AWS CEO estimates large city scale power consumption of future AI model training tasks — 'an individual model may require somewhere between one to 5GW of power'

AWS CEO Matt Garman estimates that future LLM training would require up to five gigawatts, and AWS is investing in alternative renewable sources to ensure it would have power available when needed.

Fortune

Distraught Amazon employees send AWS chief open letter against RTO policy, calling it an ‘outright abdication’ of its role as industry leader

Hundreds of employees criticized Amazon’s leadership for making a gut decision rather than a data-driven one.

TechRadar

Hundreds of Amazon employees petition CEO to reverse return-to-office policy

Amazon’s cloud workers have been told to return to the office full-time, but a petition is being put forward to stop that.

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