Filing: Amazon paid Andy Jassy $1.3M in 2022 after he got a $200M+ stock grant in 2021; in his first annual letter, Jassy talks efficiency, ads, LLMs, and more

Jassy had earned $212 million in 2021. — Amazon CEO Andy Jassy saw his 2022 compensation crater in 2022 …

The Hollywood Reporter 2023-04-14 Alex Weprin

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@munster_gene Gene Munster on x
1. $AMZN's last mile transportation network is now the size of UPS. My take: That growth is off the charts. UPS was founded in 1907, Amazon last mile in 2009.
@munster_gene Gene Munster on x
2. He makes multiple mentions that they did not slow investment during past downturns and that lead to favorable long-term outcomes. My take: He has no intention of pulling back on core growth investments, which is negative for near-term margins, positive for long-term margins.
@jimcramer Jim Cramer on x
On Amazon, i think it is reasonable to see if they have embraced anything that Zuckerberg is saying at Meta
@munster_gene Gene Munster on x
3. AWS could face near-term headwinds due to macro conditions. Long term, 90% of global IT spend is still on premises, so significant cloud migration opportunity remains. My take: He's talking down AWS growth rates for 2023 and talking up growth rates in out years.
@modestproposal1 @modestproposal1 on x
Jassy on grocery: “'we aspire to serve more of our customers' grocery needs than we do today. To do so, we need a broader physical store footprint” “to have a larger impact on physical grocery, we must find a mass grocery format that we believe is worth expanding broadly” https:/…
@mattmday Matt Day on x
Amazon boss Andy Jassy's annual letter to shareholders is out: https://www.bloomberg.com/... Priorities (healthcare, groceries, satellite venture, B2B and logistics) will look familiar to Amazon watchers.
@jamestitcomb James Titcomb on x
Andy Jassy's letter to shareholders: ads are doing so well on Amazon, we're going to put them everywhere https://www.aboutamazon.com/ ... https://twitter.com/...
@ldignan Larry Dignan on x
Interesting comments on LLMs, cloud, $AMZN ads and logistics. Andy Jassy's 2022 Letter to Shareholders https://www.aboutamazon.com/ ...
@stevesi Steven Sinofsky on x
A retailer at heart, AWS plans to “stock” all the available LLMs and let developer choose—BYOS (Strategy)
@cnbc @cnbc on x
“I think you should expect that generative A.I. has the chance to transform every customer experience that you know,” Amazon CEO Andy Jassy tells @andrewrsorkin. “We are using it, investing in it, very deeply across all of our businesses at Amazon.” https://www.cnbc.com/... https…
@ajassy Andy Jassy on x
Excited about our LLM / Generative AI announcements today. AWS is doing what it has for years and democratizing this technology so small and large companies alike can build compelling customer experiences more quickly and affordably. https://aws.amazon.com/...
@jgarzik Ser Jeff Garzik on x
Reminder: GPU rental marketplace at Big Cloud is opaque, centralized, poorly regulated, and possibly manipulated. https://twitter.com/...
@sarbjeetjohal Sarbjeet Johal on x
Amazon #CodeWhisperer, is an AI based coding companion that uses a Foundational Models under the hood to improve developer productivity by generating code suggestions in real-time based on developers' comments in natural language and prior code in their IDE (Integrated... https:/…
@sarthakgh Sar Haribhakti on x
Apple has this [Link: Stable Diffusion with Core ML on Apple Silicon]
@jordannovet Jordan Novet on x
at least six outlets, including us, are describing the AWS news in the ‘race’ context https://www.techmeme.com/...
@b_fung Brian Fung on x
Amazon says it's now making several large language models, including two proprietary LLMs, available to cloud customers through an AWS API, along with a few other AI-related announcements: https://aws.amazon.com/...
@kantrowitz Alex Kantrowitz on x
It's OpenAI vs. Google vs. Microsoft vs. Amazon the generative AI royal rumble Apple, meanwhile, has Siri. https://twitter.com/...
@jennifercobbe Jennifer Cobbe on x
Major AI service providers like AWS and Azure - who until now have mostly offered their own models as a service - now increasingly becoming intermediaries for other producers of generative models https://twitter.com/...
@vboykis Vicki on x
Buckle up, we're just getting started https://twitter.com/...

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Filing: Amazon paid Andy Jassy $1.3M in 2022 after he got a $200M+ stock grant in 2021; in his first annual letter, Jassy talks efficiency, ads, LLMs, and more

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