Technology
World Growth Forums Magazine June 2023
WGF Virtual Global Business and Investment Forum
Amazon is targeting a larger share of the booming Artificial Intelligence market
Amazon is targeting a larger share of the booming Artificial Intelligence market.
Amazon is said to be in a race with Microsoft for AI.
Amazon is on track to add almost $90 billion to its market capitalization.
According to Amazon’s CEO Andy Jassy, their cloud business is stabilizing.
According to Andy, the AI opportunity will bring tens of billions of dollars in revenue.
Amazon.com is an American multinational technology company.
It focuses on e-commerce, cloud computing, online advertising, digital streaming and artificial intelligence.
Amazon was founded in 1994 by Jeff Bezos from his garage in Washington.
He launched Amazon Web Services (AWS) in 2002.
Jeff Bezos is world’s third-richest person.
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