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Amazon’s new cloud boss inherits a business under pressure to keep pace in AI - TL;DR CNBC

Amazon’s new cloud boss inherits a business under pressure to keep pace in AI

Publishing timestamp: 2024-05-23 09:29:45


Summary

Adam Selipsky's departure from Amazon Web Services comes as the cloud unit faces competition in generative AI. Despite investments in AI, Amazon is seen as falling behind rivals. Selipsky's exit and the appointment of Matt Garman as his successor signal a shift in leadership at AWS. Despite challenges in AI, Wall Street continues to rally around Amazon.


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Keywords: salesforce incmicrosoft corpjeff bezosbusiness newsinternetamazon.com incnvidia corptechnologybreaking news: technologyalphabet inc

Source: https://www.cnbc.com/2024/05/23/amazons-new-cloud-boss-inherits-a-business-at-crossroads-over-ai.html


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