Amazon Says 1,000 GenAI Applications In Development, CEO Andy Jassy Sees 'Significant Productivity And Cost Savings' - Amazon.com (NASDAQ:AMZN)
1. Amazon is expanding AI with 1,000 applications in development. 2. AI initiatives improve customer satisfaction by 500 basis points. 3. Fourth-quarter revenue grew to $187.8 billion, a 10% increase. 4. AWS division, hosting AI, saw a 19% year-over-year growth. 5. Majority of $26.3 billion capex directed to AI infrastructure.