Goldman Sachs has hired Daniel Marcu from Amazon.com as its global head of artificial intelligence engineering and science to help develop and refine artificial intelligence platforms and products, according to a memo seen by Reuters.
Companies investing in AI won't reap "superior returns" without cultivating philosophical insight, say MIT researchers.
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different? Let's take a look.
Filing details $400 million license for smart robot system and claims retail giant’s “reverse acquihire” contract limits competition and merits antitrust scrutiny.
The S&P 500 index hit a new all-time high over 50 times in 2024, and many companies' valuations are very high. However, Amazon's stock price is still reasonable. Based on the abovementioned cash flow and earnings, it trades below five-year historical averages, as shown below.
From advanced advertising tools to dynamic pricing and international expansion, here are my best tips for how to thrive on Amazon in the coming year.
Amazon would rather you try clothes on virtually instead of testing their fits at home. The company is officially retiring its “Try Before You Buy” program at the end of January, and in its place, Amazon wants you to trust its AI tools to find your perfect fit.
Amazon AMZN has rallied 48.9% in the past year on the back of exceptional business execution and groundbreaking AI innovations. The company’s strategic expansion of its Amazon Bedrock platform ...
A fresh quarterly earnings season is underway in corporate America. Amazon (NASDAQ: AMZN) will release its report for the fourth quarter of 2024 (ended Dec. 31) next Thursday, Feb. 6. Despite Amazon being the world's biggest e-commerce company,
Investors have piled into growth stocks that may benefit from a strengthening economy, favoring companies in game-changing technologies like artificial intelligence (AI) and quantum computing. Today's $200 billion AI market may top $1 trillion,
Amazon's Q4 is poised to benefit from strong AWS growth in generative AI and robust holiday sales, but capacity constraints and proprietary tools create long-term risks. Read more here.
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while Amazon's was marginally lower.