The head of Amazon's AGI team is leaving

02:15pm, Wednesday, 17'th Dec 2025
Rohit Prasad launched Amazon's AGI team two years ago. Prasad led Amazon efforts to develop leading AI models.
This company operates market-leading businesses in three industries. Massive investments in AI infrastructure have weighed heavily on its free cash flow.
Amazon on Wednesday tapped long-time cloud executive Peter DeSantis to lead a new unit that would oversee its most advanced technologies, including artificial intelligence models, custom silicon and q
Amazon CEO Andy Jassy announced in a message to staff on Wednesday that longtime AWS executive Peter DeSantis will lead a new AI-focused organization within the company.
Rohit Prasad, a top Amazon executive overseeing its artificial general intelligence unit, will leave the company at the end of this year, the company confirmed. Rohit Prasad, Senior VP & Head Scientis
Amazon AI chief Rohit Prasad is leaving at year's end, according to a memo from Amazon CEO Andy Jassy.
CNBC's MacKenzie Sigalos joins 'Money Movers' to discuss the OpenAI and Amazon deal valued at more than $10 billion.
Amazon.com, Inc. is increasingly leveraging its in-house Trainium AI accelerators to address AWS capacity constraints and reaccelerate cloud growth. Trainium2's full allocation and upcoming Trainium3'
Amazon (AMZN) could be set to unveil an investment of $10 billion or more in ChatGPT maker OpenAI.
Yahoo Finance executive editor Brian Sozzi breaks down the latest market moves for December 17, 2025. The S&P 500 is concentrated primarily in the top ten technology stocks, according to Barclays.

Options Corner: AMZN Underperforms Mag 7

11:30am, Wednesday, 17'th Dec 2025
Amazon (AMZN) has notably underperformed compared to its Mag 7 peers, trading just over the flat line for 2025. Rick Ducat turns to key levels to watch after reports noted the company's $10 billion Op
Amazon (AMZN) shares climbed about 1% on Wednesday morning after media reports said OpenAI is in early-stage talks to raise at least $10 billion from the e-comm
Investors have become impatient with the lack of immediate results from Amazon's increased spending. Amazon is adding more computing capacity to Amazon Web Services.
Live Updates Bullish on Apple 45 minutes ago Live Morgan Stanley analysts are bullish on Apple (Nasdaq: AAPL) stock, lifting the price target by $10 to $315 per share with an "overweight" rating attac
Amazon.com Inc (NASDAQ:AMZN) is in talks to invest as much as $10 billion in OpenAI and provide the artificial intelligence startup with access to its own AI chips, according to reports. The proposed
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