Amazon Will Be 'Prominent Player In AI,' Josh Brown Says As AWS Launches Generative AI Innovation Center
Portfolio Pulse from Adam Eckert
Amazon announced the launch of its AWS Generative AI Innovation Center, a $100 million program aimed at helping customers build and deploy generative AI solutions. The company's broader AI strategy focuses on delivering AI at scale. Amazon shares rose 3.19% following the announcement.

June 22, 2023 | 7:14 pm
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Amazon's launch of the AWS Generative AI Innovation Center, a $100 million program, signals the company's commitment to AI development. Shares rose 3.19% following the announcement.
The launch of the AWS Generative AI Innovation Center demonstrates Amazon's commitment to AI development and its broader strategy to deliver AI at scale. This news is likely to boost investor confidence in the company's AI capabilities, leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100