AMZN Jun 2024 4400.000 call
- Yahoo Finance
AI investments are showing signs of a payoff, but the price is steep
Amazon, Google, Meta, and Microsoft announced they are spending billions to build out their AI capabilities. It'll take time for it to pay off.
- Yahoo Finance Video
Amazon's AI growth story: Big Tech's race for AI dominance
Amazon (AMZN) posted its first quarter report on Tuesday, revealing an AI-driven boost in the company's cloud computing growth. Multiple companies — including Alphabet (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) — have all announced an increase in AI spending in a bid for dominance in tech. Yahoo Finance Tech Editor Dan Howley joins Catalysts to break down Amazon's part in the AI-fueled competition. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Investor's Business Daily
AI Stocks: Why Feeding Chatbots Clean Proprietary Company Data Is Key
Generative artificial intelligence has yet to produce material revenue growth for most software companies, which has been disappointing investors in AI stocks. The good news is that cloud computing giants and software companies are providing enterprise customers with more tools to master generative AI technologies. To build gen AI software applications, large companies need to harness proprietary data to train and deploy AI models.
