Amazon CEO Andy Jassy Calls on Companies to Make Massive Investments in AI

Amazon CEO Andy Jassy believes that companies should invest heavily in AI now to reap the full financial benefits in the future. In his annual letter to Amazon shareholders published on April 10, 2025, Jassy stated that "significant capital" is needed to keep pace with the speed of AI innovation and customer demand for AI products. He added that Amazon too must invest this money now to achieve high returns in the coming years. Amazon remains convinced of the potential of AI Jassy's remarks followed Amazon's announcement in February during its...