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Amazon CEO Andy Jassy tells investors not to fear AI expenditure

Amazon CEO Andy Jassy reassured investors about significant AI spending, calling it a major technological transformation that will drive long-term growth. He cited the rapid success of AWS as a precedent, emphasizing that upfront capital expenditure on infrastructure like data ce

First seen · 10:56 AM UTCMay 5, 2026

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The Times of India
CenterBennett, Coleman & Co. Ltd.
Amazon CEO Andy Jassy tells investors not to fear AI expenditureAmazon CEO Andy Jassy reassured investors about significant AI spending, calling it a major technological transformation that will drive long-term growth. He cited the rapid success of AWS as a precedent, emphasizing that upfront capital expenditure on infrastructure like data ce
10:56 AM UTC

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