Posted 1/16/2024, 11:15:00 AM
Amazon Bets Big on AI to Fuel Growth Across its Business
- Amazon uses AI across its business, including AWS, e-commerce, advertising, and smart devices, which drives growth.
- AWS offers generative AI services like SageMaker and Code Whisperer to enhance businesses.
- Amazon uses AI in e-commerce for trends, inventory, recommendations. Offers merchants generative AI tools.
- Advertisers can benefit from Amazon's data and generative AI tools to target shoppers.
- CEO expects AI to bring in tens of billions in AWS revenue in coming years, leading to stock gains.