Top 10 Trending AI News and Ratings

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

Number of Hedge Fund Holders: 286

Amazon.com, Inc. (NASDAQ:AMZN) uses AI to improve its shopping platform, entertainment offerings, and operational processes, while further advancing AI through investments in initiatives like Anthropic, AWS collaborations, and Tranium.

On January 24, Amazon Web Services (AWS) and Booz Allen Hamilton expanded their partnership to improve technology solutions for U.S. federal agencies. The collaboration focuses on accelerating digital transformation through reusable solutions for cloud migration, cybersecurity, and generative AI. By combining Booz Allen’s expertise with AWS’s cloud infrastructure, the partnership aims to modernize IT systems, strengthen security, and improve mission readiness. Agencies can also benefit from AWS migration resources and tools, supporting critical operations like those in the Indo-Pacific region.

While we acknowledge the potential of Amazon.com, Inc. (NASDAQ:AMZN) as an investment, our conviction lies in the belief that 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 AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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