Amazon Cloud CEO Says Generative AI Will Be Significant Tailwind For Its Business
Portfolio Pulse from Benzinga Newsdesk
Amazon Cloud CEO stated that generative AI will be a significant tailwind for its business during the Bloomberg Summit. This technology is expected to drive growth and innovation for Amazon Web Services (AWS).
June 22, 2023 | 4:43 pm
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Amazon's Cloud CEO announced that generative AI will be a significant tailwind for its business, potentially driving growth and innovation for AWS.
Generative AI is expected to drive growth and innovation for Amazon Web Services, which is a significant part of Amazon's overall business. This technology can attract more customers and increase revenue, positively impacting Amazon's stock price in the short term.
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