Amazon.com, Inc. (NASDAQ:AMZN), a global leader in e-commerce and cloud computing with a market capitalization of $2.47 trillion, continues to demonstrate its ability to innovate and expand across multiple business segments.
We recently published a list of 10 AI News Making Waves on Wall Street. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against other AI news making waves on Wall Street.
Warren Buffett has led Berkshire Hathaway to market-beating returns since 1965. Buffett uses a simple investing strategy, and he never chases hot stock market trends like artificial intelligence (AI).
Artificial intelligence (AI) is going to radically transform the retail sector and could result in the creation of new shopping channels, according to Doug Herrington, CEO of Worldwide Amazon Stores.
Amazon would rather you try clothes on virtually instead of testing their fits at home. The company is officially retiring its “Try Before You Buy” program at the end of January, and in its place, Amazon wants you to trust its AI tools to find your perfect fit.
An AI company with a medium amount of risk is Nvidia. The semiconductor giant is seeing demand go through the roof as its customers spend aggressively to win in this nascent market. Nvidia's revenue is up 320% in the last three years, with its data center revenue growing 112% year over year last quarter to $30.8 billion.
A staff report released Friday by the FTC suggested partnerships between OpenAI and Microsoft, and Amazon and Anthropic, raise antitrust concerns.
Amazon stock handily topped the S&P 500 and Nasdaq Composite over the last year, but even more gains could be in store thanks to the ongoing AI revolution.
Amazon's Q4 is poised to benefit from strong AWS growth in generative AI and robust holiday sales, but capacity constraints and proprietary tools create long-term risks. Read more here.
Amazon (NASDAQ: AMZN) has been a winning investment over time. There's a clear reason for this top performance: Amazon has built leadership in the two high-growth businesses of e-commerce and cloud computing,
The company fulfilled requests from Israel’s military for more access to AI tools as it sought to compete with Amazon, documents obtained by The Post show.
Artificial intelligence startup Perplexity launched an agent-based assistant for Android devices on Thursday as it looks to take on larger rival OpenAI's ChatGPT and incumbent assistants such as Apple's Siri and Amazon's Alexa.