Amazon Steps Up AI Focus With Free Training Initiatives And Partnerships
Portfolio Pulse from Anusuya Lahiri
Amazon.com, Inc. (NASDAQ:AMZN) has launched 'AI Ready,' a program to provide free AI training to 2 million people by 2025. The initiative includes free courses, a scholarship with AWS, and a partnership with Code.org. AWS will offer over $12 million in Udacity scholarships to students from underserved communities. Additionally, Amazon has introduced the Hour of Code Dance Party: AI Edition in collaboration with Amazon Future Engineer and Code.org. Amazon's CEO Andy Jassy sees generative AI as a potential source of 'tens of billions in revenues.' AMZN stock saw a slight increase of 0.05% in premarket trading.
November 20, 2023 | 3:33 pm
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Amazon announces 'AI Ready' initiative for free AI training, partnerships for scholarships, and collaboration with Code.org, reflecting a strategic focus on AI and education.
Amazon's announcement of free AI training and partnerships is a positive move that aligns with the company's strategic focus on AI, which is expected to drive significant revenues according to CEO Andy Jassy. The premarket stock movement is minimal, but the long-term focus on AI and education could positively influence investor sentiment and the company's future growth prospects.
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