Amazon.com, Inc. (AMZN)
Amazon Web Services will be the exclusive third-party cloud distribution partner for OpenAI Frontier.
OpenAI said it raised $110 billion in its latest funding round. That surpasses the $40 billion round the company raised last year, which was a record for a private tech company.
SAN FRANCISCO & SEATTLE--(BUSINESS WIRE)--OpenAI and Amazon (NASDAQ: AMZN) today announced a multi-year strategic partnership to accelerate AI innovation for enterprises, startups, and end consumers around the world. Amazon will also invest $50 billion in OpenAI, starting with an initial $15 billion investment and followed by another $35 billion in the coming months when certain conditions are met. Partnering to bring new advanced AI capabilities to enterprises worldwide OpenAI and Amazon are j.
The market's biggest stocks need to come alive if benchmarks are to book a solid first-quarter gain.
The evolving tariff landscape is reshaping market leadership in ways that extend well beyond traditional winners and losers. That intersection between policy shifts, economic uncertainty, and innovation ties together the broader investment narrative shaping markets today. The most compelling opportunities now appear in areas ranging from precious metals to dominant platforms and key suppliers within the AI ecosystem.
Amazon's new artificial intelligence czar, Peter DeSantis, is a larger-than-life figure within the company.
Anthropic's massive revenue growth means more spending at Amazon's AWS. AWS' revenue is already accelerating and should continue to grow for many years.
Amazon's brick-and-mortar retailing track record has been hit and miss, with more miss than hit. This newest idea, however, uses a winning formula already proven to work by its top competitor.
Form 13Fs provide a way for investors to track which stocks Wall Street's savviest fund managers bought and sold in the latest quarter. Billionaire Stanley Druckenmiller meaningfully increased his fund's stakes in Alphabet and Amazon during the fourth quarter -- and AI is probably a big reason behind these moves.