“The market is under-appreciating AMZN’s GenAI advances in its Retail business with robotics-driven efficiencies,” analyst Brian Nowak said.
Amazon’s robotics ambitions can lead to multibillion-dollar cost cuts for the company, according to Morgan Stanley. Amazon plans to replace 600,000 jobs with robots in the coming years and, ultimately, is working towards its goal of automating 75% of… [3025 chars]
Source: CNBC | Published: 2025-10-22T17:12:13Z
Credit: CNBC
