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.
AMZN
08-24 01:30
USAmazon.com
SidePriceRealized P&L
Buy
Open
176.63--
Closed
Amazon.com
# Trade Feed: Who is your favorite star traders?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment5

  • Top
  • Latest
  • bubblyx
    ·08-28

    AI is definitely Amazon’s secret weapon. Expecting more gains if they keep this up!

    Reply
    Report
  • wubbie
    ·08-28

    Looks like a smart long-term bet

    Reply
    Report
  • KevinToh
    ·08-26

    Great article, would you like to share it?

    Reply
    Report
  • BoonSDG
    ·08-25

    Great article, would you like to share it?

    Reply
    Report
  • KSR
    ·08-25
    👍
    Reply
    Report