From Nasdaq:

The World Economic Forum in Davos gathered prominent officials, including Amazon CEO Andy Jassy. Jassy views generative AI as both the top opportunity and the biggest challenge. AWS, Amazon’s cloud computing platform, is essential for businesses pursuing a generative AI strategy, and major companies like Booking Holdings and United Airlines are already utilizing it.

Amazon’s AWS is crucial to its generative AI strategy, contributing 74% of its profit. Despite slowing growth, Amazon remains a leading stock in generative AI, with many major companies already using the platform. However, The Motley Fool Stock Advisor analyst team did not include Amazon in their 10 best stocks for investment.

John Mackey, a former CEO of Whole Foods Market, serves as a member of The Motley Fool’s board of directors. The Motley Fool has positions in and recommends Amazon and Booking Holdings and recommends GoDaddy. The views and opinions expressed are those of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more: Amazon CEO Andy Jassy Says We’re Only at the Very Beginning of the AI Marathon. 1 Stock Leading the Charge So Far.