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Amazon.com, Inc. (NASDAQ:AMZN) is one of the top growth stocks in billionaire Philippe Laffont’s portfolio. On April 7, Amazon.com, Inc. (NASDAQ:AMZN)’s cloud unit, Amazon Web Services, entered into a 5-year strategic collaboration with Coupa. The ultimate goal is to deliver autonomous direct and indirect spend across the spend lifecycle from sourcing to payment and finally on supply chain execution.

Under the terms of the agreement, AWS AI capabilities are to be integrated into Coupa’s business intelligence network. The integration will enable customers to deploy Coupa Navi agents built on Amazon Bedrock using AWS AI and machine learning services. Additionally, it is expected to accelerate the path toward autonomous spend management.

Similarly, Uber is expanding its use of Amazon Web Services infrastructure as it looks to enhance its ride-sharing and delivery operations. The company is to deploy an AWS Graviton4 instance to support its Trip Serving Zones. The system, which processes ride and delivery requests, handles millions of predictions and location data, and is to leverage AWS for faster scaling during demand spikes.

Amazon.com, Inc. (NASDAQ:AMZN) is a massive technology and retail company that operates a global e-commerce marketplace, provides cloud computing services via Amazon Web Services (AWS), produces consumer electronics (like Kindle and Echo), and offers digital streaming/entertainment services (Prime Video, Music, Audible).

While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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