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Stockreport

Venture capitalists break decades-old taboo by backing AI competitors [Los Angeles Times (CA)]

Amazon.com, Inc. (AMZN)  More Company Research Source: Los Angeles Times
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
to meet their immense capital needs — a practice that was once taboo in startup land. Sequoia Capital and Altimeter Capital, for example, are both expected to invest in Anthropic's latest financing, which is set to bring in more than $20 billion. Sequoia first backed OpenAI in 2021, and has invested in several of the company's rounds since. Altimeter, which has said that OpenAI was its biggest bet ever, is set to invest more than $200 million in Anthropic's latest deal, according to a person familiar with the matter who asked not to be identified discussing private information. The growing trend highlights how much the top few AI developers are scrambling the venture funding landscape. Silicon Valley investors have historically gone to great lengths not to bet on rival startups — choosing instead to pick a winner and back them to the end, avoiding perceptions of a conflict of interest. But with artificial intelligence breakthroughs creating a feeding frenzy for tech investors, tho [Read more]
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Stockreport

Venture capitalists break decades-old taboo by backing AI competitors [Los Angeles Times (CA)]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Los Angeles Times
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
to meet their immense capital needs — a practice that was once taboo in startup land. Sequoia Capital and Altimeter Capital, for example, are both expected to invest in Anthropic's latest financing, which is set to bring in more than $20 billion. Sequoia first backed OpenAI in 2021, and has invested in several of the company's rounds since. Altimeter, which has said that OpenAI was its biggest bet ever, is set to invest more than $200 million in Anthropic's latest deal, according to a person familiar with the matter who asked not to be identified discussing private information. The growing trend highlights how much the top few AI developers are scrambling the venture funding landscape. Silicon Valley investors have historically gone to great lengths not to bet on rival startups — choosing instead to pick a winner and back them to the end, avoiding perceptions of a conflict of interest. But with artificial intelligence breakthroughs creating a feeding frenzy for tech investors, tho [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
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%
 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