The S&P 500 index hit a new all-time high over 50 times in 2024, and many companies' valuations are very high. However, Amazon's stock price is still reasonable. Based on the abovementioned cash flow and earnings, it trades below five-year historical averages, as shown below.
We recently published a list of Top 10 Trending AI News and Ratings. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against other top trending AI news and ratings.
Rohit Prasad, Amazon's AGI team team, promised a major Alexa upgrade is on the horizon. He spoke with FT on issues forcing a delay in the release, mainly in the realm of hallucinations. When the new Alexa arrives the hope is it will be used for more than just basic tasks.
Artificial intelligence (AI) is going to radically transform the retail sector and could result in the creation of new shopping channels, according to Doug Herrington, CEO of Worldwide Amazon Stores.
The report’s all about how Amazon is scrambling to upgrade its Alexa virtual assistant with generative AI and relaunch it as a powerful “agent” for offering up complex answers and completing ...
The news is the latest sign of skyrocketing valuations for privately held AI start-ups, which show growing investor enthusiasm for AI and confidence that companies like Anthropic will justify that valuation over the long term, eventually generating billions in profits.
AWS Matt Garman on working with President Trump, new Luma Ray2 AI model in Amazon Bedrock and $8 billion cloud infrastructure investment.
As Amazon phases out its Try Before You Buy program, these stores still let you try items at home before committing to a purchase.
Amazon's Q4 is poised to benefit from strong AWS growth in generative AI and robust holiday sales, but capacity constraints and proprietary tools create long-term risks. Read more here.
Amazon is still hard at work in its efforts to realize an AI-powered Alexa digital assistant. "Hallucinations have to be close to zero," Prasad told the FT. The issue? That's far easier said than ...
The company fulfilled requests from Israel’s military for more access to AI tools as it sought to compete with Amazon, documents obtained by The Post show.
Catherine Tsalikis was checking Amazon to see how the launch was going for her new biography of Chrystia Freeland. She noticed something odd: a book right below hers that was a shadow of the real thing.