From Nasdaq: 2024-04-12 06:25:00

Amazon’s CEO Andy Jassy believes Generative AI could be a game-changer, with immense societal and business benefits. Amazon is heavily investing in AI, leading initiatives in retail and cloud computing. The company’s focus on foundational AI models and renowned hires like Andrew Ng positions it for success. Amazon stock offers value at just 3 times sales.

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Read more at Nasdaq: Amazon CEO Andy Jassy Says Generative Artificial Intelligence (AI) May Be the Largest Technology Transformation Since the Internet. 1 Stock to Buy If He’s Right.