Amazon CEO Andy Jassy is betting that generative AI will change how the company thinks about its workforce in the future.

Amazon CEO Andy Jassy ominously warned Tuesday that he expects the rise of generative artificial intelligence to “reduce” the company's corporate workforce in the next few years.

Amazon CEO Andy Jassy said that generative AI is changing the company's workflow. He said that in addition to "efficiency gains," he expects that AI could mean white-collar job cuts.

Rollout of generative AI and agents will reduce Amazon's total corporate workforce in the next few years, Andy Jassy, CEO of the online retailer wrote in a note to employees on Tuesday.

Amazon (AMZN) said its Prime Day discount event for Prime members next month will extend to four days.

Amazon (AMZN 1.81%) looks like one of the most exciting stocks to own over the next several decades. But don't be fooled: This excitement has nothing to do with the company's e-commerce business th...

The S&P 500 (^GSPC 0.94%) has advanced 2% year to date, but history says the index is headed much higher in the next year. A survey from the American Association of Individual Investors showed 61.9...

Amazon.com's annual Prime Day sales event is scheduled for July 8 through July 11, expanding to four days from two days compared to last year, the company announced on Tuesday.

Amazon's Prime Day discount event will run from July 8 through July 11. The company is extending the annual sale across four days for the first time.

While there isn't an official start date marking the artificial intelligence (AI) revolution, I personally like to use Nov. 30, 2022, as my timestamp. This is the day that OpenAI released ChatGPT t...

Amazon (AMZN) concluded the recent trading session at $216.10, signifying a +1.89% move from its prior day's close.

Jeremy Cotter, AllTrails co-founder and early Facebook employee, joins 'Closing Bell' to discuss YouRise Health, AI's impact on health care and much more.

United Launch Alliance scrubbed the second launch of Amazon's Project Kuiper satellites due to an issue with its rocket booster. The company said it will provide a new launch date at a later point.

While uncertainty is always the name of the game in investing, the last few months have been particularly chaotic. Global trade tension spurred by President Donald Trump's sweeping tariffs, especia...

Amazon's profits and cash flow are rising as it gets leaner and more focused. Massive investment in AI and cloud infrastructure positions the company for long-term leadership. The market still unde...