Andy Jassy says Amazon investors will be rewarded by all its AI spending
CEO Andy Jassy said Amazon’s massive AI spending reflects a once-in-a-generation opportunity and will ultimately reward investors.

CEO Andy Jassy said Amazon’s massive AI spending reflects a once-in-a-generation opportunity and will ultimately reward investors.

Fidji Simo, OpenAI's product and business chief, is stepping down to focus on recovering from a chronic illness, POTS. She will transition to a part-time advisor role. Simo previously led Instacart and held leadership positions at Meta.

The UK is experiencing its third heatwave, with temperatures reaching 35C and expected to continue until next week. Thursday marked the eighth day this year exceeding 34C, a new record. Heat health warnings are in place across England until Sunday.

The US and Iran have exchanged strikes, with the US hitting 90 military targets and Iran reporting 14 deaths. Shipping through the Strait of Hormuz has dramatically decreased, with numbers falling to single figures daily. Iran's foreign ministry denounced the US strikes as a "grave war crime".

The Port of Rotterdam, Europe's largest for freight and a major energy/chemicals hub, faces pressure to transition from fossil fuels to green operations. Environmental groups are suing, demanding a concrete phase-out plan, while the Port Authority aims for net-zero by mid-century but faces challenges with industry relocation and infrastructure.

York Knights secured their third consecutive Super League victory, a historic first for the club, by defeating Hull FC 20-16. Hull FC's away form worsened with only one win on the road this season.

Norway striker Erling Haaland has named England as one of the favourites to win the World Cup, urging the media to put pressure on the Three Lions ahead of their quarter-final meeting. Haaland, born in Leeds, expressed surprise at Norway's success.