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Stockreport

Amazon to invest an additional $4 billion in AI startup Anthropic [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
This will bring Amazon's total investment in Anthropic – which began last year - to $8 billion. Anthropic said the Seattle-based tech giant will maintain its position as a minority investor in the startup, which was founded by former leaders of the Microsoft-linked OpenAI. Under the deal, Amazon said the San Francisco-based Anthropic will now name Amazon's cloud computing unit, Amazon Web Services, as its “primary training partner.” It will also use two AWS chips to train and deploy its future foundational models, the advanced systems that underpin general-purpose AI services like ChatGPT and Google's Bard chatbot. “We've been impressed by Anthropic's pace of innovation and commitment to responsible development of generative AI, and look forward to deepening our collaboration,” Matt Garman, the AWS CEO, said in a statement included in Amazon's announcement. The relationship between Big Tech companies and AI startups has received scrutiny from regulators in the U.S. and abroad. [Read more]
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Stockreport

Amazon to invest an additional $4 billion in AI startup Anthropic [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
This will bring Amazon's total investment in Anthropic – which began last year - to $8 billion. Anthropic said the Seattle-based tech giant will maintain its position as a minority investor in the startup, which was founded by former leaders of the Microsoft-linked OpenAI. Under the deal, Amazon said the San Francisco-based Anthropic will now name Amazon's cloud computing unit, Amazon Web Services, as its “primary training partner.” It will also use two AWS chips to train and deploy its future foundational models, the advanced systems that underpin general-purpose AI services like ChatGPT and Google's Bard chatbot. “We've been impressed by Anthropic's pace of innovation and commitment to responsible development of generative AI, and look forward to deepening our collaboration,” Matt Garman, the AWS CEO, said in a statement included in Amazon's announcement. The relationship between Big Tech companies and AI startups has received scrutiny from regulators in the U.S. and abroad. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
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Price Change
Price Change %
Volume Shares
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Volume Ratio
%
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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
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MAX UP
High:
Low:
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%
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PRICE CHANGE PERCENTAGE
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%
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TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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