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Amazon VP Karthik Ramakrishnan, Key to Alexa Development, Steps Down Amid Senior AI Departures
AmazonAmazon(US:AMZN) Yahoo Financeยท2025-10-01 06:16

Core Insights - Amazon.com Inc. is recognized as a top stock to buy on NASDAQ, particularly favored by hedge funds [1] - The resignation of Karthik Ramakrishnan, a key figure in the development of artificial general intelligence and the Alexa voice assistant, marks a significant change in Amazon's AI leadership [2][3] - Amazon is increasing its investment in AI, having invested approximately $8 billion in Anthropic, which develops the Claude model used in Alexa and an internal chatbot [3] Company Developments - Karthik Ramakrishnan's departure follows other senior AI leadership exits, including Vasi Philomin and Jon Jones, indicating a trend of turnover in Amazon's AI division [2][3] - Amazon's business model includes retail sales of consumer products, advertising, and subscription services through both online and physical stores [4] Investment Context - Despite the potential of Amazon as an investment, there are opinions suggesting that other AI stocks may offer greater upside potential with less downside risk [5]