"The company became the dominant player in e-commerce by building out the world's largest logistics and fulfillment network on the planet. This allows consumers to quickly receive purchases at their doorsteps at just the click of a button. However, Amazon hasn't just stopped there. It continues to work to drive efficiencies and speed up delivery times through its use of robotics and artificial intelligence (AI)."
"Its fleet of robots, meanwhile, is now all coordinated by its Deepfleet AI model to ensure they operate in coordination with each other and in the most efficient manner. Meanwhile, the company is using AI to also help speed up delivery and save costs. Through AI, the company can predict which fulfillment centers are the best places to store items so that they are closest to their final delivery destinations."
Growth stocks have driven markets for more than a decade, typically producing outsized gains when companies strongly grow revenue and earnings. An investor with $5,000 looking for a blue-chip growth stock could consider Amazon. Amazon leads in e-commerce and cloud computing and ranks among the world's largest digital advertising platforms. The company invests heavily in logistics and fulfillment, building the world's largest network to speed deliveries. Amazon manufactures and operates a vast fleet of robots, introduced a robot with a sense of touch, and coordinates robots with the Deepfleet AI model. AI predicts optimal inventory placement, optimizes delivery routes, and assists drivers locating difficult drop-off points.
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