Posted 4/14/2024, 8:15:00 AM
Amazon and Meta Lead Tech Giants Betting Big on Trillion-Dollar AI Market
- AI is a hot investment area expected to surpass $1 trillion market by 2030
- Amazon is investing in AI to improve operations and make AWS the leader in AI cloud services
- Meta is focused on bringing AI tools to its social media platforms to keep users engaged
- Both Amazon and Meta are solid long-term bets for investing in AI due to strong positioning
- Analysts have doubled down stock recommendations for companies like Amazon, Apple, Netflix that went on to have huge returns