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Stock impact report

A $1 trillion IPO looms, and Amazon may have just locked in early [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
Amazon will reportedly make a huge $10 billion investment in OpenAI, which shocked Wall Street and rattled Silicon Valley. If the Reuters report is confirmed in the not-so-distant future, the deal won't simply be about getting in on the hottest name in AI. It would mean that Amazon is willing to put real money behind its chips, cloud, and reputation, even if it has long been seen as behind in the AI arms race. It's also an uncommon move for Amazon that will have ramifications for chip stocks, cloud computing, and the planned OpenAI IPO Amazon is a cloud powerhouse thanks to AWS, but when it comes to high-profile AI projects, it has fallen behind Microsoft and Google. Years ago, Microsoft put $13 billion into OpenAI. Google is sponsoring both its own DeepMind subsidiary and its competitor Anthropic. As for Amazon, people have spoken a lot about its Trainium and Inferentia chips and released services like Bedrock, but investors weren't very impressed — until now. Related: N Show less Read more
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