35 AI News You Should Not Miss

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

Number of Hedge Fund Holders: 308   

Amazon.com, Inc. (NASDAQ:AMZN) operates as a technology conglomerate with core interests in the ecommerce business. The company recently announced that it would be partnering with software firm Smartsheert to launch a connector that synchronizes data from Smartsheet into the AI assistant Amazon Q Business. Per the report, the connector would enable Amazon Q Business customers to ask the AI assistant information about their projects, programs, and processes managed in Smartsheet. Amazon has developed Amazon Q Business as a generative AI-powered assistant which can answer queries, provide summaries, content, and complete tasks based on data in different enterprise systems.

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: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’.

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