Amazon.com Inc. (AMZN)
3 AI Stocks Showing Strong Momentum Heading Into 2026
AMZN stands out as a momentum pick under Richard Driehaus' "buy high, sell higher" strategy, riding strong price trends and the AI-driven growth wave.
Amazon taps veteran Peter DeSantis to lead AI, chip and quantum push
Amazon on Wednesday tapped long-time cloud executive Peter DeSantis to lead a new unit that would oversee its most advanced technologies, including artificial intelligence models, custom silicon and quantum computing.
Amazon appoints longtime AWS exec Peter DeSantis to lead new AI org
Amazon CEO Andy Jassy announced in a message to staff on Wednesday that longtime AWS executive Peter DeSantis will lead a new AI-focused organization within the company.
Amazon: What Should Investors Be Looking For In Trainium?
Amazon.com, Inc. is increasingly leveraging its in-house Trainium AI accelerators to address AWS capacity constraints and reaccelerate cloud growth. Trainium2's full allocation and upcoming Trainium3's superior price performance underpin a robust AWS backlog and adoption pipeline. Recent speculation of OpenAI adoption of Trainium is also expected to further validate the technology's competitive performance and token unit economics, and reinforce its long-term adoption prospects.
Amazon Eyes a Big Investment in OpenAI. Is This the Latest Sign of an AI Bubble?
Amazon (AMZN) could be set to unveil an investment of $10 billion or more in ChatGPT maker OpenAI.
Amazon may tie $10B OpenAI investment to its AI chips
Amazon.com Inc (NASDAQ:AMZN) is in talks to invest as much as $10 billion in OpenAI and provide the artificial intelligence startup with access to its own AI chips, according to reports. The proposed investment, first reported by The Information, would deepen ties between two of the most influential players in artificial intelligence and underscore the increasingly interconnected nature of major AI partnerships, a structure that has drawn heightened investor scrutiny.
Amazon Set to Waste $10 Billion on OpenAI
Amazon.com Inc. (NASDAQ: AMZN) apparently cannot help itself.
Amazon Stock (NASDAQ: AMZN) Price Prediction and Forecast 2025-2030 for December 17
Shares of Amazon.com Inc. (NASDAQ: AMZN) lost 2.66% over the past five trading sessions after losing 2.33% the five prior.
Amazon reportedly in talks to invest $10B in OpenAI as circular deals stay popular
Amazon is in early discussions to invest as much as $10 billion in OpenAI in a deal that would see the AI lab using the e-commerce giant's AI chips, CNBC reported.
Amazon Eyes $10 Billion Investment and Chip Deal in OpenAI
Amazon is reportedly in discussions to invest around $10 billion in OpenAI. That investment could value the artificial intelligence startup at upwards of $500 billion, Reuters reported late Tuesday (Dec. 16), citing a source familiar with the matter.
OpenAI in talks with Amazon about investment that could exceed $10 billion
OpenAI is in discussions with Amazon about a potential investment of $10 billion or more, though that number isn't set, CNBC confirmed. The agreement would also include use of Amazon's chips.
OpenAI in talks to raise at least $10 billion from Amazon and use its AI chips, the Information reports
Artificial intelligence firm OpenAI is in talks to raise $10 billion or more from Amazon and use its AI chips, the Information reported on Tuesday citing people familiar with the matter.
