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Stockreport

Amazon invests another $4 bn in AI firm Anthropic [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
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
The e-commerce and technology behemoth will remain a minority investor in Anthropic, having pumped an initial $4 billion into the artificial intelligence developer late last year and becoming its primary cloud computing provider. "The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable," said Matt Garman, chief of AWS cloud computing division. "We'll keep pushing the boundaries of what customers can achieve with generative AI technologies." Amazon is investing the additional $4 billion in Anthropic as part of an expanded alliance that includes working together on "Trainium" hardware to optimize machine learning, according to the companies. "We're looking forward to working with Amazon to train and power our most advanced AI models using AWS Trainium, and helping to unlock the full potential of their technology," said Anthropic chief executive Dario Amodei. The announcement came just days after [Read more]
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Stockreport

Amazon invests another $4 bn in AI firm Anthropic [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
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
The e-commerce and technology behemoth will remain a minority investor in Anthropic, having pumped an initial $4 billion into the artificial intelligence developer late last year and becoming its primary cloud computing provider. "The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable," said Matt Garman, chief of AWS cloud computing division. "We'll keep pushing the boundaries of what customers can achieve with generative AI technologies." Amazon is investing the additional $4 billion in Anthropic as part of an expanded alliance that includes working together on "Trainium" hardware to optimize machine learning, according to the companies. "We're looking forward to working with Amazon to train and power our most advanced AI models using AWS Trainium, and helping to unlock the full potential of their technology," said Anthropic chief executive Dario Amodei. The announcement came just days after [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