Amazon – Amazon‘s (AMZN) Andy Jassy Will Take Over Jeff Bezos’s Moonshot Businesses
Andy Jassy, chief executive officer of Amazon Web Services, speaks at the AWS Summit in San Francisco on April 19, 2017. Jassy is leading a push into artificial intelligence to boost Amazon‘s cloud computing, which commands about 45 of the market for infrastructure as a service, where companies buy basic computing and storage power from the cloud.
Photographer: David Paul Morris/Bloomberg
Photographer: David Paul Morris/Bloomberg
When Jeff Bezos steps down as chief executive officer of Amazon.com Inc., he’ll leave his successor, Andy Jassy, a sprawling empire of giant businesses and moonshot experiments. Here are some of the $1.7 trillion company’s most ambitious projects.
The Amazon Luna video game controller.
Source: Amazon
Video games
Amazon Game Studios has been churning through almost $500 million a year trying to develop blockbuster games. So far, none has been a hit, Bloomberg reported in January. In early February, Jassy said he’s still committed to the gaming business.
Groceries
Not content after acquiring Whole Foods Market, Amazon launched a lower-cost grocer, Amazon Fresh, opening its first stores in California and Illinois last year. The company is also scaling up its already-booming food delivery operation.
Concept for Amazon’s new headquarters in Arlington, Va.
Photographer: Courtesy Amazon
HQ2
Amazon is building its second headquarters in Arlington, Va., centered on an ice-cream-cone-shaped, plant-filled workspace. It’s a region Jassy knows well: The cloud unit he ran has a cluster of data centers and corporate offices in Northern Virginia.
Rachel Brosnahan stars in Amazon’s The Marvelous Mrs. Maisel.
Photographer: Alamy
Amazon Studios
Amazon has gone Hollywood, spending billions to compete with Netflix Inc. for shows and movies. Unlike Bezos, Jassy isn’t known for frequenting industry galas, but like his boss, he recently bought a Los Angeles-area mansion.
A Prime Air private trial ground drone.
Photographer: Courtesy Amazon
Drones
Bezos predicted that Amazon would be delivering packages by drone in 2018. Three years after that deadline, the company has advanced its drone technology, but the flotilla isn’t operational yet.
Health care
Amazon started an online pharmacy and has opened neighborhood clinics for employees. Analysts expect even bigger moves. CNBC reported that a skunk works R&D team under Jassy even set a goal of curing the common cold.
An Amazon delivery van.
Photographer: Getty Images
E-commerce
Amazon’s warehouse footprint, formerly relegated to the exurbs and transportation hot spots, is growing. The company is said to have plans to add more than 1,000 delivery hubs, stitched together by cargo jets and thousands of trucks.
A flying camera from Ring, Amazon’s smart-home security division.
Photographer: Courtesy Amazon
Digital helpers
Amazon is working to shore up its position in the market for home technology devices, rolling out flying home-security cameras, a proprietary low-power wireless network, and, perhaps someday, a home robot.
The cloud
Amazon’s cloud division, the source of most of the company’s profit, is expected to rake in almost $58 billion in revenue this year, more than four times the total in 2016. Jassy has led the unit since its founding.
