Amazon CEO Andy Jassy's Letter to Shareholders, plus meet our new Gen AI model for voice applications, and more

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Amazon CEO Andy Jassy’s 2024 Letter to Shareholders

Amazon CEO Andy Jassy published his annual letter to shareholders on Thursday. In it, he writes about Amazon’s “Why Culture” and how it helps us invent for customers. Here’s how he started his letter, and follow the link below to read it in full.

“Dear Shareholders:

2024 was a strong year for Amazon.

Our total revenue grew 11% year-over-year (“YoY”) from $575B to $638B. By segment, North America revenue increased 10% YoY from $353B to $387B, International revenue grew 9% YoY from $131B to $143B, and AWS revenue increased 19% YoY, from $91B to $108B. For perspective, just 10 years ago, AWS revenue was $4.6B; and in that same year, Amazon’s total revenue was $89B.”

Read the full letter

We have now posted our 2024 Letter to Shareholders, our 2024 Annual Report and 2025 Proxy Statement on our Investor Relations website. Hard copies are also available upon request through our website, in the section called Contact us & request documents

Amazon’s new Nova Sonic foundation model understands not just what you say—but how you say it

Amazon's new Nova Sonic generative AI model can understand more than just what you say. It can also pick up on tone, inflection, and pacing, which enables developers to build AI applications that are more natural and conversational.

Available exclusively in Amazon Bedrock, Nova Sonic simplifies the development of voice-enabled applications, such as customer service call automation and AI agents across a range of industries like travel, entertainment, healthcare, education, and more.

Instead of using multiple models, Nova Sonic unifies voice understanding and generation capabilities into a single model. This approach enables the model to adapt the generated voice response to not just the words, but also the tone and style of the spoken input, resulting in more natural dialogue.

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LinkedIn names Amazon a top US company where people want to work for the eighth year in a row

For the eighth consecutive year, Amazon was named among the top companies to work for in the United States by LinkedIn. Amazon earned the second-place spot because of its relentless focus on people—and the skills they need for the future.

Learn more

Watch Amazon VP J. Ofori Agboka chat with employees about their career journey:

• Amazon CEO Andy Jassy shares his top tips for a successful career: ‘Don’t be afraid to fail’

• Exclusive: See a clip of LeBron James’s podcast ’Mind the Game,’ now on Wondery and Prime Video
• Meta’s Llama 4 models now available on Amazon Web Services
• What’s new on Prime Video in April, including ‘The Bondsman,’ ‘G20,’ and more
• How Amazon rebuilt Alexa with generative AI
• I’ve been delivering with Amazon Flex for 6 years. Here’s what it’s like.

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