From Nasdaq: 2024-05-06 13:00:00

Investors have numerous opportunities in AI with advancements in accelerated computing and semiconductor chips. Data centers, including investments by Amazon in Indiana, are lucrative plays. Amazon’s $4 billion investment in AI start-up Anthropic is part of a strategy to build its own data center infrastructure and develop custom chips, potentially leading to long-term growth. With a strong cash position, Amazon’s aggressive AI investments could pay off in the future.



Read more at Nasdaq: Forget Nvidia: This Other “Magnificent Seven” Member Just Poured $11 Billion Into Data Centers