Amazon Web Services (AWS) has lost a key AI executive, Matt Wood, after 15 years with the company. His exit comes amid AWS's struggle to keep pace in the generative AI market, where it has faced criticism for missed opportunities and technical setbacks. Investors are wary, with Amazon's stock recently declining significantly. AWS CEO Matt Garman is now focused on revitalizing the division through acquisitions and custom chip development. However, skepticism remains about AWS's ability to regain momentum in the competitive landscape of AI.