I opened $Amazon.com(AMZN)$ ,Amazon's CEO, Andy Jassy, recently highlighted the remarkable impact of the company’s AI assistant. This tool has reportedly saved Amazon $260 million and the equivalent of 4,500 developer-years of work. This revelation is significant as it underscores the transformative power of AI in streamlining operations, reducing costs, and accelerating product development cycles. This achievement is not just a cost-saving measure; it represents a broader strategic advantage for Amazon. By leveraging AI to optimize internal processes, Amazon is better positioned to remain competitive in the fast-paced tech industry.Side | Price | Realized P&L |
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Buy Open | 176.63 | -- Closed |
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AI is definitely Amazon’s secret weapon. Expecting more gains if they keep this up!
Looks like a smart long-term bet
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