What's Going On Twilio Stock Friday?

Twilio Inc TWLO stock is trading higher Friday after Amazon.Com Inc AMZN disclosed purchasing 1.77 million shares in the company.

This week at AWS Summit New York, Amazon Web Services (AWS) and Twilio, the customer engagement platform, announced an extension of their longstanding strategic work together that will place powerful artificial intelligence (AI) capabilities at the fingertips of Twilio customers.

The collaboration followed the recent announcement of Twilio CustomerAI. With its CustomerAI technology layer, Twilio powerfully combines customer engagement platform data, generative and predictive AI, and large language models (LLMs) to unlock stronger customer relationships for brands.

Shaown Nandi, Director of Technology, Industries at AWS, said, "It's great to see Twilio and our portfolio of AI/ML services working together to help businesses meet customers where they are, improve engagement, and deliver highly personalized experiences."

Twilio's session volume reached 8 million versus the 100-day average of 5 million.

Price Action: TWLO shares traded higher by 4.12% at $63.62 on the last check Friday.