Andy Jassy, CEO of Amazon (NASDAQ: AMZN), in a recent shareholder letter wrote, “Generative AI may be the largest technology transformation since the cloud (which itself is still in the early stages), and perhaps since the internet.” That puts investors in front of a rare opportunity.
Evercore and Morgan Stanley recently selected Amazon as a top pick due in part to its strong positioning in artificial intelligence. Specifically, Mark Mahaney at Evercore says cloud revenue growth could…
Article Source
https://finance.yahoo.com/news/once-decade-investment-opportunity-pick-080700435.html