
Elon Musk Admits He Underestimated Anthropic's AI -- Why Amazon Investors Should Care
Elon Musk has finally admitted that Anthropic is the current leader in AI. Amazon is poised to greatly benefit from its relationship with Anthropic.
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Elon Musk has finally admitted that Anthropic is the current leader in AI. Amazon is poised to greatly benefit from its relationship with Anthropic.

Commerce Secretary Howard Lutnick urged the iPhone maker to find other solutions to the artificial-intelligence-driven chip supply crunch.

Nvidia has downsized plans for a $250 billion guarantee for an OpenAI data center, the Wall Street Journal reported on Friday, citing people familiar with the matter.

In March, Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) received a shot in the arm from NVIDIA (NASDAQ:NVDA) after the Jensen Huang-led firm invested $2 billion into the company.

As part of his latest stage of increasing short positions against stocks involved in the artificial intelligence (AI) ‘boom,' Michael Burry drew a stark comparison when he claimed there were ‘echoes of Enron' in Nvidia's (NASDAQ: NVDA) recent moves.

Nvidia partners with former rival Groq, integrating systems into GroqCloud to enhance AI services. Groq's shift to selling Nvidia systems highlights the chip giant's strategic positioning in AI.

GSI Technology NASDAQ: GSIT is positioning its Gemini-II artificial intelligence processor as a production-ready hardware platform while it works to expand software tools and complete proof-of-concept programs that could lead to early production by the end of 2027, according to Vice President of Sales Didier Lasserre.

August is a natural checkpoint for long-term portfolios. Positions get reviewed, winners and laggards get weighed against multi-year theses, and investors ask a simple question: which mega-caps still have room to compound meaningfully from here?

I keep buying NVIDIA (NASDAQ:NVDA | NVDA Price Prediction), and the buy button has become a habit.

Key Takeaways: Consumers remain resilient, but spending is increasingly shifting toward value, convenience, and frequent everyday purchases. Retail ETFs can bridge staples and discretionary exposure.

Amazon's Region Flex spreads e-commerce workloads across more AWS cloud regions. It aims to make Amazon's online retail operation more flexible, resilient, and closer to customers.

FRANKFURT, Germany--(BUSINESS WIRE)---- $III #AI--Enterprises in Germany are changing their approach to Microsoft technologies as the company's platforms grow and consolidate, ISG says.

SPCX's surging Megapack purchases are boosting TSLA's energy business as AI power needs drive demand for fast-response battery storage.

AMZN's $220B 2026 capex plan reflects surging AI demand, but rising costs raise the stakes as cloud growth accelerates.

Apple has been promising a new, improved Siri for two years. It's finally coming out next month.