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Stockreport

Here's the AI company Amazon's betting billions on [Business Insider]

Amazon.com, Inc. (AMZN)  More Company Research Source: Business Insider
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
It recently launched its suite of AI products, named Claude, that rival OpenAI's ChatGPT. Amazon's further investment in Anthropic appears to have cemented the startup's position as a major player in the booming artificial intelligence sector. Earlier this week, Amazon said it'd commit a further $2.75 billion to the San Francisco-based company as part of its efforts to get ahead of other Big Tech competitors in the AI arms race. It's the e-commerce giant's latest investment into the maker of Claude, a generative AI chatbot that rivals OpenAI's ChatGPT, after pouring $1.25 billion into Anthropic last September. Amazon had said it'd invest up to $4 billion in Anthropic; this latest outlay brings it to the full amount, showing it's all in on the startup. The transaction includes a previously announced minority ownership stake. Anthropic also said it will use Amazon Web Service's cloud servers and chips to train and power its large language models, allowing them to produce desira [Read more]
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Stockreport

Here's the AI company Amazon's betting billions on [Business Insider]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Business Insider
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
It recently launched its suite of AI products, named Claude, that rival OpenAI's ChatGPT. Amazon's further investment in Anthropic appears to have cemented the startup's position as a major player in the booming artificial intelligence sector. Earlier this week, Amazon said it'd commit a further $2.75 billion to the San Francisco-based company as part of its efforts to get ahead of other Big Tech competitors in the AI arms race. It's the e-commerce giant's latest investment into the maker of Claude, a generative AI chatbot that rivals OpenAI's ChatGPT, after pouring $1.25 billion into Anthropic last September. Amazon had said it'd invest up to $4 billion in Anthropic; this latest outlay brings it to the full amount, showing it's all in on the startup. The transaction includes a previously announced minority ownership stake. Anthropic also said it will use Amazon Web Service's cloud servers and chips to train and power its large language models, allowing them to produce desira [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS