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Amazon increases profits by nearly 40% thanks to AI and Alexa

Originally Published
February 6th, 2019
Amazon CEO Jeff Bezos, the richest man on earth, has reported his retail giant doubled its profits in the past quarter thanks to artificial intelligence. More specifically, Bezos praised the performance of Amazon’s digital assistant Alexa. He was not too eloquent regarding the reasons for growth, but he did say Alexa was a significant factor. He also said the voice-controlled AI assistant, and the devices which play it, helped the performance as they were made available to customers.

06-02-2019


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