Cathie Wood’s ARK Invest Says Amazon Has a Potential $1 Trillion AI Business Hiding in Plain Sight
Cathie Wood's Ark Invest sees Amazon AWS as a $1T business as Alexa shoppers spend 40% more per order. Read Ark's AI analysis.
An investment expert thinks Amazon's AI assistant business could grow to be worth $1 trillion—a huge amount—because people who use Alexa seem to buy more stuff. When experts spot hidden ways a company might grow, it's worth watching to see if that prediction comes true.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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