GenAI’s ‘Multi-Billion Dollar’ Momentum Shines at Amazon’s AWS Summit

GenAI’s ‘Multi-Billion Dollar’ Momentum Shines at Amazon’s AWS Summit

Amazon showcased its powerful generative artificial intelligence (GenAI) capabilities at the AWS NYC Summit, impressing attendees and positioning itself as a leader in the AI field. JPMorgan analyst Doug Anmuth is bullish on Amazon, reiterating his Overweight rating with a price target of $240 by December 2024. Anmuth predicts that AWS revenue growth will accelerate … Read more

Amazon’s AWS Summit Highlights GenAI’s Rapid Growth in Multi-Billion Dollar Market – Amazon.com (NASDAQ:AMZN)

Amazon’s AWS Summit Highlights GenAI’s Rapid Growth in Multi-Billion Dollar Market – Amazon.com (NASDAQ:AMZN)

During the AWS NYC Summit, Amazon showcased its Generative AI (GenAI) skills, impressing attendees and positioning itself as a frontrunner in the AI race. JPMorgan analyst Doug Anmuth predicts a bright future for Amazon, with a price target of $240 by December 2024. Anmuth expects AWS revenue growth to accelerate through 2025, reaching 20% in … Read more