1 Unstoppable Artificial Intelligence (AI) Stock to Buy and Hold Forever [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
Many investors are also looking to cash in by investing in those corporations that seem ahead of the pack. There are many options, but e-commerce titan Amazon (NASDAQ: AMZN) is one of the best. Let's find out why it's a great AI play to buy and hold forever. Amazon's position in AI The company has made several moves in AI. Last year, it announced Bedrock, a service it provides through its cloud computing platform, Amazon Web Services (AWS). Bedrock helps developers build generative AI applications like ChatGPT, whether they focus on speech, pictures, or videos. Amazon also invested $4 billion in Anthropic, an AI-focused company that developed Claude, a family of generative AI platforms that is competing with GPT-4, the latest version of ChatGPT. Claude is also the name of the large language model developed by Anthropic that Amazon now offers through Bedrock. A $4 billion investment might seem like a lot, but it's not that much for Amazon, which generated about $32 billion in
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AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/6/24 - Form 144
- 5/3/24 - Form 4
- 5/3/24 - Form DEFA14A
- AMZN's page on the SEC website