AI in advertising Amazon is not only differentiating its gen AI strategy by leveraging the cloud, but it's also incorporating AI in e-commerce to support its ad business.
Amazon Prime Day Amazon Prime Day, the global shopping event that attracts consumers seeking huge cost-saving deals, on a variety of products will be held July 11 and 12 in 24 countries.
Coupled with the cloud, e-commerce is the other big piece of what Amazon is all about.
The 48-hour event is expected to bring in $8 billion in U.S. e-commerce sales, according to data by Insider Intelligence.
Still, Insider Intelligence data shows Amazon Prime Day e-commerce sales will surpass that of competing retailers.
Persons:
Andy Jassy, Scott Devitt, Devitt, Andrew Lipsman, it's, Lipsman, Sellers, Gene Munster, Jim Cramer's, Jim Cramer, Jim
Organizations:
Amazon Web Services, CNBC, Amazon, Microsoft, Nvidia, AWS, Insider Intelligence, Google, Deepwater Asset Management, Intelligence, Amazon CNBC
Locations:
U.S