'Gen-AI boom has come at exactly the right time for Amazon'

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Amazon chief executive Andy Jassy emphasised to analysts on its quarterly investor call the huge opportunity that generative AI (Gen-AI) will bring to its business: “I don’t know if any of us have seen a possibility like this in technology in a really long time, for sure, since the cloud, perhaps since the internet.”

Being a huge, diversified behemoth is paying off for Amazon, which reported its first-quarter results this week for the period to March 31.

 

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