Amazon ranks first on the list of AI stocks attracting Wall Street's interest. Despite its potential as an investment, the article suggests that other AI stocks might offer higher returns with less risk. It also hints at a report on a promising AI stock with significant upside potential. The article is originally published by Insider Monkey and emphasizes Amazon's strategic positioning in the AI sector through its deal with The New York Times.
Key takeaways:
- Amazon.com Inc. (NASDAQ:AMZN) has struck a licensing deal with The New York Times to use its editorial content for AI products like Alexa.
- This agreement allows Amazon to access high-quality content for improving its large language models, marking a significant step forward amid legal scrutiny faced by companies like OpenAI.
- The deal includes using news articles from The Times, NYT Cooking, and The Athletic for real-time display within Amazon products and services.
- Amazon ranks 1st on the list of AI stocks gaining Wall Street's attention, but the article suggests there are other AI stocks with potentially higher returns and lower risk.