Amazon.com Inc. profit nearly doubled in the critical holiday period. The company managed to control labor and supply costs better than expected. Amazon saw a huge boost in the quarter from its investment in electric-car maker Rivian Automotive.
The platform recently announced that it found tens of thousands of AI virtual girlfriend ads in its apps and took steps to remove this explicit content from its platform.
As big tech companies like Amazon, Microsoft, and Google aggressively adopt artificial intelligence (AI) in their cloud services, their growth is accelerating.
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