Amazon's AI assistant Alexa+ launches with some features
Amazon's new AI-enabled assistant Alexa+ is launching Monday but not all of the features the company showcased at a splashy event last month are ready, and not every Alexa owner will get access to them right away.
Some of the new features Amazon previewed at the February event won't become available for two months after Monday's launch, and some will take even longer, according to internal company documents seen by The Washington Post. At the event held in New York, Amazon head of devices Panos Panay said Alexa+ would 'start to roll out' in March 'and in waves over the subsequent months.'
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14 minutes ago
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20 stocks primed for rapid growth while trading at half of Nvidia's valuation
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'The situation is extreme': I'm 65 and leaving my estate to only one grandchild. Can the others contest my will? 20 stocks primed for rapid growth while trading at half of Nvidia's valuation It turns out that for Amazon's management team, bottom-line earnings traditionally weren't a focus. The emphasis was on reinvesting most of the cash being generated to expand the business in multiple directions. So the Amazon story was about revenue growth, rather than EPS growth. And that brings us to Nvidia Corp. NVDA. Last week Laila Maidan looked into Nvidia's relatively high forward P/E and explained why the stock might still be considered a bargain for long-term investors, based on analysts' expectations for the company's revenue growth. Nvidia's stock traded at a forward P/E of 28.1 at Friday's close, while the S&P 500 traded at a weighted forward P/E of 21.4. It is not a surprise to see Nvidia trading at a P/E valuation that is 31% higher than that of the index. 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27 minutes ago
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What is a GPT?
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