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Amazon tracks engineers' AI use in detail, tying adoption and habits to productivity goals while navigating internal resistance.
AWS expanded Amazon Connect into four agentic AI tools for supply chain, hiring, customer service, and healthcare workflows, with humans still in control.
Raymond James lifted its price target on Amazon (NASDAQ:AMZN | AMZN Price Prediction) stock to $280 from $225, maintaining its Outperform rating. The firm argues that major artificial intelligence (AI) partnerships and expanding agentic capabilities are reinforcing Amazon Web Services (AWS) as the key platform for enterprise and consumer AI commercialization.
Amazon reports Q1 earnings Wednesday with a $244 billion cloud backlog and blockbuster deals with Meta, OpenAI, and Anthropic, but investors are watching whether the company's $200 billion spending plan is starting to pay off.
Nvidia, Microsoft, Google, SpaceX, OpenAI, and Amazon will all serve as artificial-intelligence vendors for the Department of Defense.
Amazon's AI-native strategy prioritizes practical AI adoption, emphasizing balance in speed, cost, and control.
Rejoice: The Amazon app now lets you ask real shopping questions to its fake podcasters — it's an addition to the "Hear the highlights" AI feature the company introduced last year. Before, the short audio summaries were generated from an unalterable script. Now, the dialogue can adapt to your spoken or typed questions.
Amazon reported its first-quarter earnings Wednesday afternoon on a busy day for Big Tech. Cloud growth picked up, but the company is spending heavily to stay competitive in the AI race.
Amazon's new mass hiring software, called Connect Talent, will help firms find, screen and recruit workers needed for large-scale hiring.
The CEO said demand for software jobs is "accelerating." It comes as other AI leaders warn coding jobs are getting disrupted.