Wal-Mart Will Use NVIDIA and AI to Dump AWS @themotleyfool #stocks $AMZN, $WMT, $NVDA
There was a time, not too long ago, when Wal-Mart (NYSE:WMT) was the undisputed king of retail. However, e-commerce has changed the landscape, and over the last few years, Amazon.com, Inc. (NASDAQ:AMZN) has been taking an increasingly large slice of the retail pie. Wal-Mart has been playing catch-up in online sales, but now it seems the retail giant is ready to take the fight to Amazon, with a little help from NVIDIA Corporation (NASDAQ:NVDA) and artificial intelligence (AI). In a note to clients, Global Equities Research analyst Trip Chowdhry revealed that Wal-Mart would be building huge data centers to house its cloud computing and make a sizable push into deep learning, a segment of artificial intelligence.
Sep-7-2017, 03:35:06 GMT
- Country:
- North America > United States (0.16)
- Industry:
- Retail > Online (1.00)
- Information Technology > Services (1.00)
- Technology: