How Machine Learning and AI Helped Amazon Hit $1 Trillion
If you've been listening to the financial news lately, Amazon's company evaluation just hit $1 trillion. That's the second corporation in the world to hit $1 trillion. The first was Apple.
The Amazon stock has been constantly going up and much of it can be credited to Bezos's long term vision of what is possible with Amazon.
Not only is Jeff Bezos an extremely long-term thinker, he does not hold onto ideologies and that helps him seek out opportunities in the market that can help him grow Amazon.
One of those major opportunities came with the emergence of Big Data and Machine Learning.
Not only is Amazon using machine learning and AI in selling more products through its retail website, it also uses it many other ways, such as Amazon Alexa, so it can understand what you are saying and retrieve an adequate answer to you.
Not only has Amazon leveraged machine learning and AI to propel their company evaluations, so has Apple.
So when you've got lots of customers, a lot of data, a long-term thinking CEO, you can do a whole lot with machine learning and AI.
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