3 Ways Artificial Intelligence Can Boost Amazon’s Growth
Slowly but surely, artificial intelligence (AI) is becoming an integral part of our lives. Of course, we don't have AI-enabled robots running errands for us just yet, but tech companies are integrating the technology very subtly into things that we interact with every day. From Google searches to automatically tagging photos on Facebook, and talking to Siri on your iPhone, we have interacted with AI in some form or the other.
Our interaction with AI is only going to grow with the advent of self-driving cars and service robots. As AI applications gain ground, this space could generate $60 billion in revenue by 2025 as compared to just $1.4 billion last year, as per Tractica. So, it is not surprising to see why technology giant Amazon (NASDAQ: AMZN) has started to integrate artificial intelligence in various aspects of its business.
Image Source: Getty Images
Source: Fool.com
Amazon.com Inc. Stock
Our community is currently high on Amazon.com Inc. with 206 Buy predictions and 7 Sell predictions.
As a result the target price of 258 € shows a slightly positive potential of 12.59% compared to the current price of 229.15 € for Amazon.com Inc..
