Amazon Poised to Ride AI Wave and Add Over $1 Trillion in Value, Though Investors Remain Wary
• AI growth could transform the economy, generating over $1 trillion in value over the next decade
• Amazon is well-positioned to capitalize on AI opportunities with its e-commerce, cloud computing, and advertising businesses
• AWS offers a broad range of AI services and collaborations to meet diverse customer needs
• Amazon invested $4B in AI startup Anthropic, a major ChatGPT competitor
• Despite growth potential, Amazon stock trades at a discount compared to historical valuations