15 AI News You Should Pay Attention To

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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. Deep Instinct, a firm that uses an AI-based deep learning framework for cybersecurity, announced on November 20 that it would be bringing the Deep Instinct DSX for Cloud, a premier cybersecurity product, to the Amazon S3, a cloud object storage platform. The AI-based framework helps Deep Instinct offer companies the ability to protect sensitive data across cloud environments by preventing and explaining unknown threats.

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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