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Amazon CEO Andy Jassy says he's committed to cost cutting while investing in AI in shareholder letter

Andy Jassy pledged to keep looking for ways to cut costs even as the company doubles down on investing in new growth areas like artificial intelligence.

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Amazon com : 2023 Letter to Shareholders -April 11, 2024 at 06:37 am EDT

Dear Shareholders:


Last year at this time, I shared my enthusiasm and optimism for Amazon's future. Today, I have even more. The reasons are many, but start with...

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Insurance company Nib Group completes cloud migration with AWS

Insurance company Nib Group completes cloud migration with AWS
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Cohere's new AI Command-R+ available on Sagemaker and Azure

Cohere's new AI Command-R+ available on Sagemaker and Azure
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Here's why you shouldn't miss the AWS Summit India Online 2021

Here's why you shouldn't miss the AWS Summit India Online 2021
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Artificial Intelligence (AI) Market Soars Propelled by Demand for Automation and Increasing Adoption Across Industries

Demand for automation, predictive analytics, and personalized customer experiences, coupled with investments in AI research and development, fuel the Artificial Intelligence Market, driving innovation and efficiency across various sectors.

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Top 5 Artificial Intelligence Providers 2024

Top 5 Artificial Intelligence Providers 2024
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Minfy Signs Strategic Collaboration Agreement With AWS To Support US$500 million in Global Business Growth

Indian cloud native system integrator scales into new geographies, including the United States, Australia, and Southeast Asia.

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The 3 Best Cloud Computing Stocks to Buy in Q2 2024

The best cloud computing stocks to buy are those investing heavily in generative AI and machine learning to benefit from the secular trend.

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