Previous close | 115.53 |
Open | 115.50 |
Bid | 111.80 |
Ask | 113.25 |
Strike | 245.00 |
Expiry date | 2025-12-19 |
Day's range | 115.50 - 115.53 |
Contract range | N/A |
Volume | |
Open interest | 83 |
Amazon (AMZN) has made an initial investment of $1.25 billion, according to Reuters, in the generative AI startup, Anthropic. Amazon is committed to potentially investing up to $4 billion in Anthropic, securing a minority ownership stake in the startup. Anthropic is recognized for its 'Claude' AI system, which provides assistance to users by answering their questions, similar to ChatGPT. Anthropic will leverage Amazon's resources in its development efforts, including Amazon Web Services and the company's custom chips. This investment trend aligns with the broader movement of tech giants, such as Microsoft (MSFT), Google (GOOG, GOOGL), and Meta (META), increasingly investing in artificial intelligence. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Meta is reportedly developing ‘dozens’ of new chatbots
AI is not new, but recent breakthroughs that led to generative AI apps like ChatGPT have sparked interest in the technology among investors. Two stocks that are great picks to do so are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META). Alphabet, the parent company of Google, used AI to improve its business for a while.