Amazon to Highlight AI Initiatives at HumanX Conference in San Francisco
Amazon will showcase its AI initiatives at the HumanX AI Conference in San Francisco this week alongside Nvidia, Microsoft and Alphabet, potentially shaping investor sentiment on its cloud and AI growth prospects. Investors are also awaiting the final Q4 GDP revision of 0.6% and a March CPI forecast lifting core inflation to 2.66%, factors that could influence Amazon’s retail and AWS segments.
1. Amazon at HumanX AI Conference
Amazon will participate at the HumanX AI Conference in San Francisco alongside Nvidia, Microsoft and Alphabet. The company is expected to unveil new AI tools and cloud solutions aimed at enterprise customers, a move that could bolster AWS growth and reinforce its position in the AI market.
2. Upcoming Economic Data
Investors are preparing for the final Q4 GDP revision projected at 0.6% annualized, down slightly from the preliminary 0.7%. They are also watching a March CPI forecast that could raise core inflation to 2.66%, metrics that may affect consumer spending and thereby Amazon’s retail bookings and cloud demand.