Is AI a Threat to Amazon Stock?
Amazon.com (NASDAQ:AMZN) is one of the pioneers of the wide-scale commercialization of artificial intelligence (AI). Back in the 1990s, the company leveraged its massive data to provide personalized recommendations. It was a major differentiator and helped drive Amazon stock price higher. But when it comes to AI, much of the innovation has come during the past decade. This has been due to the explosion of Big Data, the emergence of new AI algorithms -- such as deep learning neural networks -- and the increased capabilities of graphics processing units and cloud computing.
Nov-27-2019, 06:02:46 GMT
- Industry:
- Retail > Online (0.70)
- Information Technology > Services (0.64)
- Banking & Finance > Trading (0.60)
- Technology: