Amazon (AMZN) announced two new AI chips on Tuesday developed in partnership with Nvidia (NVDA): the Graviton4 and Trainium2, developed to power the AWS platform and large language models respectively Additionally, Amazon unveiled Q, a business-focused chatbot to enhance productivity via task tracking and information lookup capabilities. However, as Yahoo Finance Tech Editor Dan Howley discusses, its functionality strongly mirrors Microsoft’s (MSFT) existing Copilot. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Shopify's (NYSE: SHOP) stock journey over the past few years has mirrored the journeys of many other big-name, younger tech companies. Regardless of the roller-coaster ride, there's no doubt that Shopify has made some millionaires along the way. A $40,000 investment in Shopify at its May 2015 initial public offering (IPO) would be worth just under $1.1 million today.
LAS VEGAS, November 29, 2023--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Cathay, a premium travel lifestyle brand that includes Hong Kong's home airline Cathay Pacific, has selected AWS as its strategic cloud provider and is working with AWS to establish the Cathay Machine Learning Innovation Hub. The program combines AWS's broad set of cloud technologies and comprehensive cloud skills resources with Cathay's machine learni