<ul><li>Amazon exceeded Q3 revenue expectations fueled by AWS cloud computing and fall sales events. </li><li>CEO Andy Jassy's earnings call focused on three areas: </li><li>1) Placing AI monetization in the context of AWS as well as consumer-facing apps; </li><li>2) Aggressive strategy for Amazon Pharmacy; </li><li>3) Refreshed line of Alexa devices. </li><li>Artificial intelligence (AI) was mentioned as part of existing products, applications, and services. </li><li>Amazon's AI business has triple-digit growth YoY, with a multibillion-dollar revenue run rate. AWS has released twice as many machine learning and generative AI features as other cloud providers in the past 18 months. </li><li>Amazon to expand its prescription fulfillment to 20 more cities next year with the aim of offering a better customer experience for pharmacy services. </li><li>The new Alexa device will place orders and payments via voice interactions. </li><li>Jassy believes AI can handle order, delivery, and payments. </li><li>Amazon's net sales increased 11% to $158.9 billion QoQ. </li></ul>

Amazon Earnings Provide Sneak Peak Into Short-Term Future Strategy

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