About Andrew Jassy
On Amazon’s Q1 2026 earnings call, CEO Andy Jassy described artificial intelligence as a “once-in-a-lifetime opportunity” and said the company expects to invest significant capital in AI infrastructure over the coming years. He noted that AWS’s AI revenue run rate has reached over $15 billion in its first three years, which he compared to the $58 million run rate AWS had three years after its launch. Jassy stated that the company’s custom silicon business, including its Trainium chips, is now one of the top three data center chip businesses globally, and he said the chips are expected to save Amazon “tens of billions of dollars of capex each year” and provide a “several hundred basis point operating margin advantage” for inference workloads.
Jassy also discussed the impact of agentic coding tools, citing an example where five employees rebuilt a service’s engine in 65 days using such tools, a task he said would normally take 40 to 50 people about a year. He said he believes “every single one” of workplace functions—including DevOps, customer service, research, analytics, and sales—will “very significantly change” as a result of AI, and that customer experiences will be “completely reinvented” with different interfaces and interaction methods within the next three to five years.
Source: AI-verified profile updated from Andrew Jassy's recent appearances.
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✨ AI-enhanced transcript with speaker attribution
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Andrew Jassy0:08
Hi, I'm Andy Jassy, the CEO of Amazon. I'm happy to be a part of the inaugural Bloomberg Green Festival. It's an important event, one we hope will become a fixture in the effort to spur conversation, innovation and collaboration around the issues of sustainability and climate change and the Amazon. When we co-founded the Climate Pledge five years ago, we took on an incredibly ambitious goal to reach net zero carbon by 2040. We took this commitment on knowing how challenging it would be to get there and that we need to invent solutions and solve problems that didn't have any answers. Especially for a company like Amazon, given their diverse set of businesses we operate and the immense surface area we cover from large fulfillment centers and data centers to our global transportation network in the form of last mile delivery vans, middle mile trucks, ocean freight and air travel, to the power energy required to operate these operations. The Climate Pledge is perhaps the most audacious sustainability program from any company in the world, and we've been making a lot of progress. We've made significant progress in our carbon intensity over the last several years, invented and built some of the world's most advanced systems, tools and solutions to drive our net zero path forward. We're delivering products to customers' doorsteps faster and with less packaging. We're traveling shorter distances thanks to the investments we've made to make our network more efficient and to place items closer to customers. This reduces carbon emissions as well as costs, all while giving our customers a better experience. In North America, we replaced 95% of the plastic air pillows from our delivery packaging with paper filler made of 100% recyclable materials, following the progress we've made in Europe, which is already 100%. We have more than 20,000 electric delivery vehicles on the road all around the world. And these zero emissions vehicles have made millions of deliveries so far in 2019. We set a goal to match 100% of electricity use across Amazon's global operations, including our data centers, corporate buildings, grocery stores and fulfillment centers with renewable energy by 2030. I'm proud to share that we met that goal seven years ahead of schedule in 2023. To get there, we've been the largest corporate purchaser of renewable energy in the world for four years running, according to Bloomberg Research. And we invested billions of dollars in more than 500 solar and wind projects globally. As we look to the future, we know every year might look different on our path to 2040, but we'll continue investing in solar and wind projects while also supporting other forms of carbon free energy. We also know that if we want to create a better environment for our kids and our kids' kids, it has to be more than just Amazon. We spent more than a decade building the knowledge, methodologies and programs needed to tackle climate change head on, and we're now unlocking this proprietary information and making it available to all in order to accelerate supply chain decarbonization. Our newly launched website called the Amazon Sustainability Exchange is a free site available to all with information, guidelines, methodologies and playbooks that Amazon has used to achieve its progress toward the Climate Pledge. We're doing this because we want to empower businesses of all sizes and across any industry to take steps to decarbonize and develop sustainable operations. Our hope is that the Exchange becomes a place as widely used and adopted by industry peers, including many of you who are here at the festival this week. And while you're in Seattle, I hope you'll take this opportunity to learn about all the climate efforts that are underway. This is the Climate Pledge Arena which carries our message. It is the first certified zero carbon arena in the world. There is no fossil fuel consumption, we're eliminating single use plastics. It's just a really cool venue for relationships that can help push us forward to solutions, start conversations that could lead to the next big innovation, share, collaborate. Listen, this is a rapidly evolving and challenging space, which means there is a lot of invention and hard work ahead as we meet the important commitment we've made to our communities and future generations. Thank you.
