We recently published a list of 15 AI news stories to watch. In this article, we’ll take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands on other notable AI news.
The theme of AI has dominated stock markets around the world for the past few months. Investment giant BlackRock recently released an investor note on the subject, highlighting that advances in AI and diplomatic developments will continue to shape the market’s top trends as the new year begins. Jay Jacobs, the firm’s U.S. head of thematic and active ETFs, said in a note that these two themes will remain in the spotlight for virtually all of 2024 and could remain a primary focus in 2025. He said it was highly sexual. The memo also detailed the year 2025. This year could be a pivotal year for technological advancement and adoption of AI technologies, as advances in GenAI combine with more sophisticated models to drive meaningful growth in AI capabilities.
Visit Goldman Sachs’ 10 Best AI Data Center Stocks and 10 Hottest AI Stocks to read more about these trends.
But the investment firm also grappled with regulatory and geopolitical challenges that hindered growth. The rise and advancement of AI has also added tension to the geopolitical map, according to the company’s analysts. The memo highlighted that regulation and a desire to control technology could lead to differences between U.S.-focused AI names and those that are more globally known. .
Related article: Beyond the tech giants: 35 opportunities for non-tech AI.
In this article, we selected AI stocks by examining news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.
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Number of hedge fund holders: 286
Amazon.com, Inc. (NASDAQ:AMZN) operates as a technology conglomerate with an e-commerce business at its core. Deep Instinct, a company that uses AI-based deep learning frameworks for cybersecurity, announced on November 20 that it is bringing its best-of-breed cybersecurity product, Deep Instinct DSX for Cloud, to Amazon S3, a cloud object storage platform. . The AI-based framework helps Deep Instinct provide enterprises with the ability to protect sensitive data across cloud environments by preventing and accounting for unknown threats.
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