▶ 0:18 · $AMZN · Adam Selipsky – CEO of Amazon Web Services | In Good Company | Norges Bank Investment Management

episode briefing

Adam Selipsky – CEO of Amazon Web Services | In Good Company | Norges Bank Investment Management

2023-12-06 · 3 company · 7 thematic

sentiment

3 bull0 bear0 neu

speakers

Nicolai Tangen is the CEO of Norges Bank Investment Management, which manages the Norwegian Sovereign Wealth Fund, one of the world's largest sovereign wealth funds. He hosts the podcast 'In Good Company' where he interviews leaders across various fields.

adam selipsky

Runs the world's largest cloud provider (~$90B+ revenue, 32 regions, 33%+ market share). Previously CEO of Tableau (acquired by Salesforce). Rejoined Amazon in 2021 after 16 years at the company. Emphasizes Day One culture, customer obsession, and multi-decade investment horizons.

quote

“we own more than 1% of Amazon translating into 80 billion Norwegian kroner or more than 15,000 kroner per Norwegian most of the internet is now run in the cloud ... we are a very very happy customer”

—nicolai tangen

now playing · $AMZN

$AMZN···bullish· high· posnicolai tangen

Norges Bank discloses 1% Amazon stake worth $7.5B, calls itself very happy customer

The Norwegian sovereign wealth fund holds a >1% position in Amazon valued at 80B NOK (~$7.5B) and explicitly endorses the company as a satisfied AWS customer, signaling long-term…

$ANTHROPICbullish· highadam selipsky

AWS deepens partnership with Anthropic: investment, primary cloud provider, and custom chip co-development

AWS has made a strategic investment in Anthropic, secured it as a primary cloud customer for training Claude models, and is co-optimizing custom silicon (Trainium/Inferentia) with…

$NVDA···bullish· mediumadam selipsky

AWS CEO says Nvidia partnership is tight and will continue buying enormous quantities for foreseeable future

Selipsky confirms AWS remains a massive, committed buyer of Nvidia GPUs with a 'very tight relationship' and explicitly states he does not foresee any change in that dependence fo…

←