Amazon's cloud unit reports 28% sales growth, topping estimates
Amazon Web Services now accounts for over 20% of its parent company's total revenue.
Amazon and Anthropic expand strategic collaboration
aboutamazon.comAnthropic to secure up to 5 gigawatts (GW) of current and future generations of Amazon’s Trainium chips to train and power their advanced AI models.
Amazon doubles down on Anthropic with $25B investment, mirroring its OpenAI cloud deal
Two months after investing $50 billion in OpenAI and striking a $100 billion cloud deal, Amazon announced a similar arrangement with its original AI partner, Anthropic: up to $25 billion in new investment and a $100 billion-plus commitment to AWS over 10 years.
Google is now a glorified venture-capital fund thanks to its SpaceX and Anthropic stakes | David A. Bader
By Britney Nguyen Paper gains from Google’s Anthropic and SpaceX stakes were major contributors to the company’s growth in net income. Photo: MarketWatch illustration/iStockphoto Google’s first-quarter earnings report reflected its position as an artificial-intelligence winner — and as a savvy investor.
BofA and Goldman Sachs reset Marvell stock price targets
Marvell (MRVL) stock closed the May 13 trading session at $177.95. That means it has gained 135% since March 5, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up close to 9% in the same period. Why has Marvell outpaced the S&P 500 so much since that date? The company ...
Anthropic in talks with investors to raise funds at $900 billion valuation, higher than OpenAI
Anthropic is in talks with investors about raising cash at a valuation of $900 billion, CNBC has confirmed.
Amazon to invest up to another $25 billion in Anthropic as part of AI infrastructure deal
Amazon is boosting its investment in Anthropic, which is committing to spending over $100 billion on Amazon cloud services over the next decade.