Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value

Amazon's stock market valuation reached $2.01 trillion after a 4% increase, with a 52% gain in the past year attributed to its investments in AI.

Amazon's focus on AI includes business-focused products like AI models and chatbots, while investing in Anthropic for generative AI models and designing its own AI chips.

CEO Andy Jassy stated that AI capabilities reaccelerated AWS growth towards $100 billion annually, with a significant boost in valuation tied to cloud and AI investments.

Read at www.npr.org