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