AI Stocks: Tech Giants Face New ‘Show Me’ Moment – Investor’s Business Daily
From Google: 2024-09-06 09:59:00
Tech giants are facing a new ‘show me’ moment as investors shift focus to artificial intelligence efforts. Companies like Amazon, Microsoft, and Alphabet hold potential in AI technology. Amazon’s AWS provides cloud services for AI, generating $46 billion in sales. Microsoft’s Azure revenue grew 64%, while Alphabet’s self-driving unit, Waymo, aims to expand.
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