Amazon's $5.3B Saudi bet expands AWS' AI infrastructure footprint, while accelerating growth and strong guidance fuel fresh investor interest.
Amazon continues to experiment with how AI can be used to improve the shopping experience, resulting in Tuesday's launch of a new feature within its Alexa for Shopping AI assistant called “Update Me When.” This latest addition can send consumers personalized notifications when something new or relevant happens that could lead to a purchase.
Waymo is starting paid driverless rides in Denver, San Diego and Tampa, Florida. Amazon's Zoox said it's planning to start testing this month in Houston and San Diego with human supervisors on board.
| Specialty Retail Industry | Consumer Discretionary Sector | Andrew R. Jassy CEO | CBOE Exchange | US0231351067 ISIN |
| US Country | 1,576,000 Employees | - Last Dividend | 6 Jun 2022 Last Split | 15 May 1997 IPO Date |
Amazon.com, Inc. is a multinational conglomerate that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It was founded in 1994 and has its headquarters in Seattle, Washington. Amazon has established itself as a leader in the online retail world, providing an extensive range of consumer products, advertising solutions, and subscription services. The company operates on a global scale, with key market segments in North America and International territories, along with its Amazon Web Services (AWS) sector, which offers advanced cloud computing solutions. Amazon's mission encompasses the retail sale of consumer products and services through online and physical outlets, manufacturing of electronic devices, content production, and provision of a platform for sellers, content creators, and developers.