Amazon’s AI Push: Is Its US$50 Billion OpenAI Partnership Too Ambitious?
Amazon Inc. (NASDAQ: AMZN) has never been shy about investing ahead of demand. Whether it was building its global logistics network or scaling Amazon Web Services (AWS), the company has always been willing to sacrifice short-term profitability for long-term advantage. Although this approach has paid off historically, investors are starting to worry if this familiar strategy still carries the same margin of safety. Especially with news that the company plans to increase its artificial intelligence (AI)-relat ...