Amazon.com (NASDAQ: AMZN) is significantly enhancing its artificial intelligence (AI) capabilities, with Amazon Web Services (AWS) serving as a primary monetization driver. The company plans to invest approximately $100 billion in AI-related capital expenditures this year, focusing on AWS’s cloud infrastructure to support the growing demand for generative AI technologies. CEO Andy Jassy emphasized AI’s pivotal role in business technology advancement, likening it to the internet’s impact.
As of Feb. 12, 2025, Amazon’s stock is trading at $232.76, reflecting a slight decrease of 0.15% from the previous close.
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About Amazon.com Inc.
Amazon.com Inc. is a multinational technology company focusing on e-commerce, cloud computing, digital streaming, and artificial intelligence. Founded by Jeff Bezos in 1994, Amazon has grown to become one of the world’s most valuable companies, continually innovating across various sectors to enhance customer experiences globally.
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