Previous close | 75.00 |
Open | 75.00 |
Bid | 71.50 |
Ask | 76.50 |
Strike | 100.00 |
Expiry date | 2025-06-20 |
Day's range | 75.00 - 75.00 |
Contract range | N/A |
Volume | |
Open interest | 529 |
Amazon, Google, Meta, and Microsoft announced they are spending billions to build out their AI capabilities. It'll take time for it to pay off.
Artificial intelligence startup Anthropic launched a version of its latest chatbot technology aimed at businesses on Wednesday, jumping into the race to capture corporate dollars. The San Francisco-based firm, backed by Alphabet and Amazon.com, in March released a family of artificial intelligence models called Claude 3 that it says outperforms those from rivals such as Microsoft-backed OpenAI and Google. On Wednesday, it released an app for Apple's iPhones that will offer Claude 3 to businesses at a rate of $30 per user per month.
Like Meta Platforms (NASDAQ: META), Snap Inc (NYSE: SNAP) and Google parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Amazon.com Inc (NASDAQ: AMZN) reported better-than-expected quarterly results, with stronger than expected revenue being the result of the improvements on the ad business front. First Quarter Highlights In part due to its booming AWS division and its advertising service, Amazon reported revenue grew 12.52% YoY to $143.3 billion, surpassing LSEG’s estimate of $142.5 billion. Operati