Amazon: AWS Announces AI Alliance as Morgan Stanley Projects AMZN Rise
In what is a massive move for Amazon Web Services (AWS), the company announced a new AI alliance as Morgan Stanley has become one of many analysts projecting a price increase for AMZN stock. Indeed, the company has sought to increase its footprint in the growing AI sector. On Monday, the company officially unveiled its Generative AI Partner Alliance. Indeed, its arrival will reportedly look to consult customers on the best ways to use generative AI systems and solutions. Called GenAIIC, the program was first introduced in June and has already worked with businesses like DoorDash, Nasdaq, and the PGA Tour. Source: Amazon Also Read: Amazon Stock up 7% as AI Growth Drives AMZN Surge AWS Debuts AI Alliance as Amazon Stock Gets Price Target Increase There are few stocks with the kind of potential that Amazon (AMZN) has. The company is in a rare position to benefit because of its position in various sectors that have seen tremendous growth. Not only has it been a fixture in the e-commerce sp...