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Benzinga
Benzinga
Business
Tanya Rawat

Amazon CEO Andy Jassy's AI Spending Pitch Won Wall Street Over, Jim Cramer Says— While Meta and Alphabet Are Still Struggling to Explain Theirs: 'The Same Numbers...'

Jim Cramer Andy Jassy Amazon Alphabet Meta Amazon.com Inc. CNBC Artificial Intelligence
New,York,City,-,October,5,2017:,The,Brooklyn,Bridge

CNBC’s Jim Cramer said Monday that Amazon.Com Inc (NASDAQ:AMZN) CEO Andy Jassy’s explanation of the company’s artificial intelligence (AI) spending during its latest earnings call changed how Wall Street views Big Tech’s multibillion-dollar AI investments.

AI Spending Strategy

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