????????Amazon to Benefit This Most From AI? #amazon #aitech #stockmarket

Amazon (AMZN -1.07%), Meta Platforms (META 0.16%), and Alphabet (GOOG -0.75%) (GOOGL -0.77%) each have been vocal about their focus on AI -- and all three aim to become leaders in the field and generate an enormous level of revenue thanks to this smoking-hot technology.

Amazon benefits from its AI investments in two ways. The e-commerce giant is using AI to increase efficiency, and this is helping lower cost to serve. For example, AI determines the shortest delivery route for packages and improves processes at fulfillment centers, reducing costs. And Amazon already is generating revenue from the AI services it offers through Amazon Web Services (AWS) -- in fact, AWS has reached a more than $100 billion annualized revenue run rate.

At Axi, our mission is to help people like you “Trade Your Edge”. We want day-traders on our platforms to reach their full potential and become confident long-term traders. That’s why we’ve teamed up with trading guru David Belle to give you a daily dose of market insight and wisdom. Each day we’ll delve into the breaking news and geopolitics (the fundamentals) and market indicators (the technicals) to help you trade with more confidence. We’ll cover forex, crypto*, oil and gas, stocks, gold and silver – whatever is moving the markets that day.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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