Reported 8 days ago
In his annual letter to shareholders, Amazon CEO Andy Jassy highlighted the company's focus on investing billions into artificial intelligence to enhance customer experiences and maintain competitiveness. He pointed out the need for significant investments in AI technology and infrastructure, including AI chips and data centers. The letter also noted Amazon's recent initiatives in generative AI, including the revamped Alexa voice assistant and partnerships with startups, amid a challenging market climate.
Source: YAHOO