Amazon's AWS To Invest At Least $11 Bln In Georgia
From crafting product descriptions that resonate with buyers to staying ahead of competitors, AI tools can enable sellers to work smarter, not harder.
Amazon CEO Andy Jassy, left, speaking with Seattle Mayor Bruce Harrell at an event in Seattle last year to announce new funding for affordable housing
According to Yahoo! Finance, analysts' estimates call for earnings to be up 25% in 2024 and another 54% in 2025. Given this, you would think the stock would trade at a high multiple of earnings, but at the current $130 share price, investors can buy AMD stock at a reasonable 25 times 2025 estimates.
AI startup Anthropic is near a deal to raise an additional $2 billion at a price that values the company at $60 billion, sources said, months after its $4 billion funding from Amazon .
In a borderline criminal fit of laziness, Amazon's Prime streaming service has adorned the iconic 1922 horror film "Nosferatu" with an appalling, seemingly AI-generated poster. The poster, first discovered by X users in October,
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While most AI companies chase viral moments, Anthropic has made waves once again with a potential $2 billion investment, pushing their valuation to $60 billion. Currently in advanced talks according to the WSJ,
Ramasamy will be responsible for owning the go-to-market strategy for Anthropic and its AI products, including Claude — a direct competitor to OpenAI’s generative AI ChatGPT suite — and building out a team to meet federal, state and local government agency mission needs.
Microsoft announced a sweeping series of artificial intelligence partnerships across India's core sectors on Wednesday, a day after pledging to invest $3 Microsoft has forged AI alliances across core sectors in India as it kickstarts its $3 billion investment in the country.
Amazon (AMZN) is pretty fond of the place, too. The Seattle-based company tech giant said on Jan. 7 that its Amazon Web Services plans to invest about $11 billion to expand its infrastructure in Georgia to support cloud computing and AI technologies.
The technology industry is primed for exceptional growth due to the increasing demand for tech-based solutions. Therefore, it could be wise to keep track of high P/E stocks such as Amazon.com (AMZN),