Will Amazon CEO Andy Jassy’s $200 Billion AI Bet Pay Off on July 30?
Amazon (AMZN +0.71%) CEO Andy Jassy created a stir earlier this year when he announced that Amazon would spend $200 billion building out for artificial intelligence (AI). As the AI landscape continues to change quickly, the market has been concerned about the cloud giants’ ability to ever recoup their spend, and Amazon stock plunged after…