This Infrastructure Stock Might Be the Easiest Way to Own the AI Boom

The artificial intelligence (AI) revolution is well under way. According to most estimates, the AI market is expected to grow in value by 30% or more per year for the next decade. As with any boom, however, it can be difficult to tell which businesses will ultimately benefit. Few laypeople think of Amazon (NASDAQ: AMZN) as an AI stock. Most don't view it as an infrastructure stock, either. But most of Amazon's operating profit today comes from building and maintaining AI infrastructure. All of it is within a division called Amazon Web Services, or AWS for short. Even if you're familiar with this division, you'll likely be surprised by how dominant it is.As of last quarter, AWS commanded a 30% global market share for cloud infrastructure. Nearly every AI business globally relies on cloud infrastructure to train, deploy, and execute its models. Otherwise, these businesses would need to buy, assemble, and run their own compute infrastructure -- a very expensive and slow option. Instead, cloud infrastructure providers like AWS allow AI developers to iterate quickly, spinning up infrastructure as needed on a day-by-day, or even a second-by-second, basis. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool