Amazon CEO Andy Jassy used his annual shareholder letter to defend the company’s $200 billion AI spending plan for 2026\u2014months after the announcement tanked the stock over 10% in a single session. Jassy disclosed AWS’s AI business has hit a $15 billion annual run rate, pointed to customer commitments backing “a substantial portion” of the capex, and compared the current AI cycle to Amazon’s early bet on cloud computing.<\/p>","protected":false},"excerpt":{"rendered":"
Amazon CEO Andy Jassy used his annual shareholder letter to defend the company’s $200 billion AI spending plan for 2026\u2014months after the announcement tanked the stock over 10% in a single session. Jassy disclosed AWS’s AI business has hit a $15 billion annual run rate, pointed to customer commitments backing “a substantial portion” of the… Read More »After Amazon stock’s worst day since 2022, CEO Andy Jassy has a message for Wall Street<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":103228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/103227"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=103227"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/103227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/103228"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=103227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=103227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=103227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}