Amazon CEO Andy Jassy In 2025, Jassy also had $43 million in stock awards that vested, and $242 million in restricted stock that had not vested as of December 31, according to the filing. It's common for CEOs to hold far more in company stock than they are paid in salary.

Amazon CEO Andy Jassy reveals new details about AWS's AI revenue, its booming custom chips business, and more in a shareholder letter that defends the company's massive capital spending.

Amazon shares have struggled so far this year as investors question the company's aggressive AI spending plans.

Jassy also pointed to rapid growth in Amazon’s custom chip business, as large tech companies develop their own processors to cut dependence on costly Nvidia AI chips.

The company plans to spend $200 billion this year to build out the costly infrastructure associated with AI.

Amazon.com CEO Andy Jassy’s annual shareholder letter made it clear that the company is fully committed to its artificial-intelligence initiatives, even as some investors balk at their steep cost. Amazon has drawn scrutiny for its commitment to devote $200 billion toward capital expenditures this year,

Amazon is investing aggressively in AI infrastructure, including custom chips and data centers, he said, adding that he expects AI to drive the company’s next major wave of grow

Amazon's AI services at its cloud-computing unit are generating annualized revenue of more than $15 billion, CEO Andy Jassy said, the first time ​the company has reported numbers on a business it has backed with billions of ‌dollars in investment.