REUTERSAmazon logo is seen in front of a rising stock graph in this illustration taken April 29, 2022. Shares of Amazon, which were added to the blue-chip Dow Jones Industrial Average index in February, have climbed over 26% this year. The company became the fifth biggest US company by market value in February after Nvidia went up a spot. The company has also invested in AI startup Anthropic and robotics firm Figure as it looks to capitalize on the AI boom. Late last year, Amazon unveiled a new generation of custom-designed chips used in data centers, targeting applications for machine-learning training and generative artificial intelligence.
Source: bd News24 June 27, 2024 04:12 UTC