Advertisement
UK markets closed
  • NIKKEI 225

    38,385.73
    +29.67 (+0.08%)
     
  • HANG SENG

    19,073.71
    -41.35 (-0.22%)
     
  • CRUDE OIL

    78.55
    +0.53 (+0.68%)
     
  • GOLD FUTURES

    2,393.90
    +34.00 (+1.44%)
     
  • DOW

    39,861.16
    +303.05 (+0.77%)
     
  • Bitcoin GBP

    51,368.73
    +3,027.21 (+6.26%)
     
  • CMC Crypto 200

    1,374.84
    +106.89 (+8.43%)
     
  • NASDAQ Composite

    16,739.21
    +228.03 (+1.38%)
     
  • UK FTSE All Share

    4,596.71
    +13.48 (+0.29%)
     

Amazon's AI growth story: Big Tech's race for AI dominance

Amazon (AMZN) posted its first quarter report on Tuesday, revealing an AI-driven boost in the company's cloud computing growth. Multiple companies — including Alphabet (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) — have all announced an increase in AI spending in a bid for dominance in tech.

Yahoo Finance Tech Editor Dan Howley joins Catalysts to break down Amazon's part in the AI-fueled competition.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Nicholas Jacobino