15 AI News You Should Not Ignore

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1. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 286  

Amazon.com, Inc. (NASDAQ:AMZN) operates as a technology conglomerate with core interests in the ecommerce business. On November 26, the company announced that AWS Partner Assistant, a generative AI–powered virtual assistant built on Amazon Q Business, was now available for partners in AWS Partner Central and the AWS Marketplace Management Portal. Per the tech giant, the assistant makes it easier to get quick answers to common questions. It reduces the need for manual searches by generating real-time guidance and concise summaries from guides and documentation, the firm added.

While we acknowledge the potential of Amazon.com, Inc. (NASDAQ:AMZN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than Amazon.com, Inc. (NASDAQ:AMZN) but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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