In the latest big AI deal, Meta has inked a multibillion-dollar deal to use Amazon's new AWS Graviton chips, which are CPUs, not GPUs.
The earnings focus this week is on the Magnificent 7 group of mega-cap Tech companies, with Amazon, Alphabet, Microsoft, and Meta reporting results on Wednesday, April 29th, and Apple doing the same the day after.
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Intel isn't the only chip stock hitting new highs after the chipmaker's strong earnings.
More techies are #opentowork as AI continues to shake up Silicon Valley.
A new AI-powered hybrid Hollywood startup backed by AWS is betting that cutting-edge production tech can cut costs, speed up filming and bring jobs back to LA.
Amazon-backed, nuclear energy firm X-Energy raised $1.02 billion in an upsized initial public offering, the latest sign of renewed enthusiasm for the IPO market. X-Energy CEO J.
Amazon (AMZN) is set to report earnings after the closing bell on Wednesday, with the stock seen potentially rallying to new record highs following the report.
One has a more immediate need while the other can play the long game.
The company did not focus on GAAP profitability to the delight of long-term shareholders.