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AMZN Jun 2024 102.500 call

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  • Yahoo Finance Video

    Amazon invests additional $2.75B into AI startup Anthropic

    Amazon (AMZN) has announced it will invest another $2.75 billion into generative AI startup Anthropic. This will conclude its initially promised $4 billion investment in the company. Amazon will maintain a minority stake in Anthropic without a board seat. Yahoo Finance Tech Editor Dan Howley joins Market Domination to break down the latest developments for Amazon and Anthropic as other tech competitors form AI alliances. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Nicholas Jacobino

  • Barrons.com

    Amazon’s Next Phase of Growth Will Be Driven by AI. Analyst Sees Bonanza for AWS.

    No one needs a chatbot to understand that Amazon com is going to get a big boost to its cloud business from artificial intelligence. New Street Research analyst Dan Salmon has provided an answer, and it is a stunner. Salmon estimates that AI-related workloads will represent 21% of Amazon Web Services revenue in 2025.

  • Investor's Business Daily

    How Amazon's Anthropic Deal Could Help AI 'Perception Gap' With Microsoft

    Amazon.com improved its AI positioning through tis $4 billion investment into the startup Anthropic, according to an analyst.