Amazon Gets New Cloud-Computing Boss as AI Battle Shakes Up Its Top Profit Engine.

Amazon has appointed Matt Garman as the new head of its cloud-computing division, Amazon Web Services (AWS), replacing Adam Selipsky. The change in leadership comes as Amazon aims to position itself in the artificial intelligence (AI) industry, with AWS playing a crucial role in the company's growth strategy. AWS has experienced recent turbulence but has rebounded, and its cloud business is expected to benefit from the increasing demand for AI capabilities. Garman, a long-time Amazon executive, will take on the new role on June 3 and plans to make organizational adjustments as part of the transition. [Extracted from the article]