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How Amazon Uses AI In eCommerce Business | Two Key Use-Cases Introduction: Amazon, the world’s largest online retailer by market cap, has revolutionized the eCommerce landscape since its inception in 1994 as a book-selling platform.  Over the years, it has expanded its offerings to include a vast array of products and services, with online retail product sales making up the bulk of its revenue.  Integral to Amazon's success is its advanced use of artificial intelligence (AI) across various aspects of its operations.  This article explores two significant AI applications within Amazon: personalized product recommendations and Alexa-enabled voice shopping. 1. Using Personalized Product Recommendations Algorithm : One of Amazon's most powerful AI-driven tools is its personalized product recommendation system.  This algorithm plays a crucial role in enhancing the shopping experience by suggesting products tailored to each customer’s preferences.  Amazon ...

Jeff Bezos' Concerns Over AI Companies Not Utilizing AWS Introduction: Bezos Keeps a Close Eye on Amazon's AI Development: Although Jeff Bezos stepped down as Amazon's CEO, he remains deeply involved in the company's AI initiatives.  Recent reports from CNBC reveal that Bezos has been in contact with Amazon executives, questioning why some AI companies prefer other cloud services over Amazon Web Services (AWS).  His keen interest in the competition, particularly from Google and Nvidia, highlights his ongoing commitment to keeping Amazon at the forefront of AI technology. AWS Market Share and Competitive Landscape: As of April, AWS held a 32% share of the cloud market, leading over Microsoft's 24% and Google's 11%.  However, in the first quarter of 2024, both Google and Microsoft experienced slight increases in their market shares, while AWS's growth remained steady compared to the previous quarter.  Industry analyst John Dinsdale noted this tr...