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SK Group chairman meets with CEOs of Amazon, Intel SK Group Chairman Chey Tae-won has met with leaders of global tech giants, including Amazon and Intel, to discuss ways to broaden business cooperation in artificial intelligence (AI) semiconductors, his company said on Monday. Chey, who has been on a US trip since June 22, held talks with Amazon CEO Andy Jassy at the headquarters of the US multinational technology company in Washington, last week, to explore ways to enhance cooperation in the AI chip sector, according to SK Group. Amazo...
SK Group chairman meets with CEOs of Amazon, Intel
SK Group chairman meets with CEOs of Amazon, Intel
Source: IANS
2024-07-01 03:05:52 pm
Jeff Bezos to sell 50 mn Amazon shares in next 12 months Amazon founder Jeff Bezos is planning to sell at least 50 million company shares in the next year, the media reported. According to a filing with the US Securities and Exchange Commission (SEC), Amazon, where Bezos currently serves as executive chair, said its billionaire founder had a trading plan for selling a maximum of 50 million shares. The sales will occur "over a period" ending January 25 of next year "subject to certain conditions,” the filing read, reports ...
Jeff Bezos to sell 50 mn Amazon shares in next 12 months
Jeff Bezos to sell 50 mn Amazon shares in next 12 months
Source: IANS
2024-02-03 10:40:36 am
Amazon logs record $140 bn in net sales in holiday quarter Net sales for Amazon increased 14 per cent to $170 billion in the holiday quarter that ended December 31, 2023, compared with $149.2 billion in the fourth quarter of 2022. Amazon CEO Andy Jassy said the past holiday season was "record-breaking." Net income increased to $10.6 billion in the fourth quarter of 2023, compared with $0.3 billion in the fourth quarter of 2022. Amazon Web Services (AWS) segment sales increased 13 per cent year-over-year to $24.2 billion. "This...
Amazon logs record $140 bn in net sales in holiday quarter
Amazon logs record $140 bn in net sales in holiday quarter
Source: IANS
2024-02-02 01:38:45 pm
Our own chips in GenAI era best path to make customers` lives better: Andy Jassy Designing our own chips is the best path to makes our customers’ lives better and easier every day in the generative AI era, Amazon CEO Andy Jassy said on Thursday. Jassy said that several years ago, when Amazon started pursuing building its own chips, “a lot of folks thought this was nuts”. “We heard a lot of the same refrains you often hear — why make this investment, why invest in a team and all the other fixed costs to develop your own chip when you can...
Our own chips in GenAI era best path to make customers` lives better: Andy Jassy
Our own chips in GenAI era best path to make customers` lives better: Andy Jassy
Source: IANS
2023-12-01 12:44:04 pm
Panos Panay to head Amazon`s hardware business: CEO Andy Jassy ?Panos Panay, Microsoft?s former Windows and Surface chief, is officially joining Amazon to oversee its hardware business, the e-commerce giant confirmed on Wednesday.Amazon CEO Andy Jassy said that Panay will be join the company to lead the Devices and Services business when Dave Limp retires from Amazon later this year.??Panay will be joining Amazon to lead our Devices & Services business (D&S), reporting to me and joining S-Team,? said Jassy.Panay has spent the last 19 years at Microsoft, ...
Panos Panay to head Amazon`s hardware business: CEO Andy Jassy
Panos Panay to head Amazon`s hardware business: CEO Andy Jassy
Source: IANS
2023-09-28 09:56:10 am