Currently, Amazon’s market value is pegged at $2.018 trillion, putting the company among the most expensive sellers: Microsoft, Apple, Nvidia, and Alphabet.
Amazon’s growth is driven by its investment in artificial intelligence solutions. So in February 2024, Amazon began testing ChatGPT’s rival, the Rufus chatbot, an assistant that gives advice on shopping and finding the right products. In April, Amazon Web Services cloud services development division reported 17% year-over-year growth in quarterly sales.
Source: Ferra
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