Tag AMZN

Some of these companies are using artificial intelligence in unbelievable ways...

We recently compiled a list of the 15 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other trending AI stocks. Technology giants in the United States have pledged tens of billions towards building AI data centers in the […]...

Amazon’s second $4 billion investment in Anthropic shows that the startup is Amazon’s main AI play. Plus, The Information’s stories of the week...

Walmart stock has been on a scorching run in 2024 as sales continue to rise and Amazon rival Walmart+ gains traction. But is WMT a buy now?...

The artificial intelligence (AI) market continues to expand, with major players making significant moves. Nvidia (NVDA) maintains its leadership position by exceeding third quarter estimates earlier this week while Amazon (AMZN) deepened its AI commitment with an additional $4 billion investment in Anthropic, designating the startup as Amazon Web Services' primary service provider. "We really are at the building stage of AI," Epistrophy Capital Research chief market strategist Cory Johnson tells Morning Brief, calling it "a real life-changing thing." Johnson notes that the Amazon-Anthropic partnership is "interesting... from a semiconductor perspective." He explains that with Anthropic agreeing to help develop Amazon's "Trainium" chips, Amazon has effectively "bought themselves a customer" for when the chips are completed. However, Johnson raises concerns about Nvidia's market position: "I'm really curious about what the partners of Nvidia are going to say to Nvidia three years from now. 'Hey, remember when you took your gross margins from 46% to 79%, and you made us pay all that when we couldn't go anywhere else?' I mean [I] wonder if that's going to create bad feelings among customers." Watch the video above to hear the AI startups Johnson believes are establishing themselves as real competitors in the AI space. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith...

Nvidia's quarterly results were excellent, with the chip giant not only beating estimates but also raising guidance. But what else should investors know about the Q3 cycle?...

AWS’s program aims to prepare customers for society’s shift towards quantum computing. Shares of companies that operate in the field jumped following the announcement...

Anthropic will use AWS Trainium and Inferentia chips to train and deploy new AI models...

“Overwhelming majority” of workers in Philadelphia vote to organize with UFCW 1776...