When You Look Back in 5 Years, You'll Wish You'd Bought This Trillion-Dollar Artificial Intelligence (AI) Stock
Amazon (NASDAQ: AMZN) began as an online bookseller when it was founded in 1994. E-commerce remains the company's largest source of revenue, but it has also expanded into other areas of the technology sector, including cloud computing, streaming, digital advertising, and now artificial intelligence (AI).
AI could be one of the greatest financial opportunities in history, and Amazon is tackling it from multiple angles. The company just made the final payment of its agreed $4 billion investment into leading AI start-up Anthropic, a deal that will accelerate Amazon's progress on both the hardware and software sides.
Amazon is one of six companies valued at $1 trillion or more, and all of its peers have a presence in AI. However, Amazon generates more revenue than all of them, and yet its stock is the cheapest of the bunch. Here's why investors might regret not buying it when they look back on this moment in five years.
Source Fool.com
