Here's How Generative AI Factors Into Amazon's Plan for Growth

Amazon (NASDAQ: AMZN) ranks among the greatest growth stories in the stock market. Jeff Bezos founded the company in his garage in 1994 as an online bookseller. It's now the leader in e-commerce and cloud services. Amazon's share price has skyrocketed an astounding 234,700%, giving it a market cap of $2.4 trillion.This remarkable growth story isn't over, either, thanks partly to a technology that has swept the corporate world over the last couple of years. Generative AI is a type of artificial intelligence (AI) that can create content, including responses to questions, images, software code, and more. Here's how generative AI factors into Amazon's plan for growth.If you want to know what's important to the executives of major companies, pay attention to what they say in their quarterly earnings conference calls. That's exactly what Jack Caporal, Research Director for The Motley Fool and Motley Fool Money, recently did.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool