A South Korean fintech utilizes AI to pick stock for its portfolio every month . In November, it made some interesting choices.

It's still early in the AI race, and Amazon's slow start may not matter in the end. In fact, the company's third-quarter earnings report showed why the stock can keep moving higher even if Amazon isn't an artificial intelligence leader.

Showing the fickleness of the market, AWS' growth in Q3 was virtually the same as Q2, when the stock sold off on the news, but investors were much more upbeat after its Q3 report. Let's take a closer look at Amazon's most recent results to see whether it is too late to buy the stock.

Amazon's AI shopping assistant, Rufus, is now making product suggestions. The problem is that it is often wrong.

The company is calling it “X-Ray Recaps,” and it’s available now in Beta version on Amazon MGM Originals and for Fire TV users specifically. X-Ray Recaps is powered through generative AI models trained on various video segments of shows, subtitles ...

Andy Jassy's confidence in Amazon's ability to compete and generate returns in the new AI cloud era has been steadily growing this year

Prime Video exists in this era of AI, so it is very unsurprising to hear that Amazon is finding pretty clever ways to add AI to the package. Yesterday, the company introduced generative AI-powered recaps, and I have to say, I'm surprised this AI use case ...

If you’re familiar with AI chatbots such as ChatGPT or Gemini, Rufus is very much along the same lines. It’s trained on “Amazon’s extensive product catalog, customer reviews, community Q&As, and information from across the web”, which it then sifts through, connects together, and summarizes to respond to your questions.

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company’s stock up in after-hours trading.

Amazon AWS's strategic positioning in AI and custom chip adoption has bolstered its market leadership. Read why I maintain my buy rating on AMZN stock.

Amazon is pulling Prime Video further into the AI game. The corporation has now launched X-Ray Recaps, allowing the streaming service to provide customized recaps to viewers as they watch — generated by generative artificial intelligence. Described as ...