Amazon Web Services CEO Says AI Fears Are Overstated as Software Stocks Reel

Tekedia | 14-02-2026 09:04am |

Amazon Web Services Chief Executive Matt Garman said investor anxiety over artificial intelligence undermining traditional software companies has likely gone too far, even as the sector posts one of its steepest pullbacks in years. “Look, my own opinion is that much of the fear is overblown,” Garman told CNBC’s Jon Fortt on Thursday, addressing concerns

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