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Amazon.com (NasdaqGS:AMZN) saw a price move of 7% over the last week, coinciding with notable strategic developments. Reply's announcement of a multi-year agreement with Amazon Web Services (AWS) to advance GenAI initiatives stands out as significant.
SoftBank Group Corp said on Wednesday it would acquire Ampere Computing, a U.S. chip startup founded by the former president of Intel that is increasingly focused on artificial intelligence, in a $6.5 billion all-cash deal.
In today's AI infrastructure news, OpenAI and SoftBank plan to convert a former Sharp LCD plant in Osaka into a large-scale AI data center.
"For the past 10 years, we have been working on using AI to solve real-world problems," Daisuke Okanohara of Preferred Networks told CNBC's "Managing Asia."
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China. Alibaba said Thursday that its revenue for the quarter ended December grew 8% to 280.
Amazon is already one of the largest companies on the planet. But could its stock (AMZN) be poised to outpace the market for the next five years? Some analysts say yes -- with many focused on the
SoftBank has committed to spending $3 billion per year to use OpenAI's tech, according to a joint release released on Monday.
We recently published a list of Coatue's 35 Most Important AI Stocks. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against Coatue's other most important AI stocks.