Amazon to Invest $50 Billion in OpenAI, Expands AI Partnership
Amazon is investing $50 billion in OpenAI and forming a multi-year partnership that makes AWS the company’s exclusive cloud provider.
BTC$62,291.00+3.20%
ETH$1,626.48+5.83%
USDT$0.9995+0.00%
USDC$0.9996+0.00%
XRP$1.14+5.57%
SOL$64.60+5.18%
TRX$0.3286+3.15%
FIGR_HELOC$1.03+0.46%
HYPE$58.79+0.64%
DOGE$0.0843+5.16%
USDS$0.9997+0.01%
LEO$9.55-0.31%
RAIN$0.0134+4.90%
XLM$0.2048+5.05%
ZEC$398.76+9.00%
BTC$62,291.00+3.20%
ETH$1,626.48+5.83%
USDT$0.9995+0.00%
USDC$0.9996+0.00%
XRP$1.14+5.57%
SOL$64.60+5.18%
TRX$0.3286+3.15%
FIGR_HELOC$1.03+0.46%
HYPE$58.79+0.64%
DOGE$0.0843+5.16%
USDS$0.9997+0.01%
LEO$9.55-0.31%
RAIN$0.0134+4.90%
XLM$0.2048+5.05%
ZEC$398.76+9.00%
PSKY stock declined after Paramount confirmed the Warner Bros merger will leave the combined company with roughly $79 billion in net debt and no plans to divest cable assets.
Amazon is investing $50 billion in OpenAI and forming a multi-year partnership that makes AWS the company’s exclusive cloud provider.
Moderna shares swung in early trading after European regulators backed its combination flu-COVID vaccine.
Nvidia beat Q4 earnings and revenue estimates and issued strong Q1 guidance, but shares fell about 5% as investors reacted cautiously to the outlook.
LUNR shares fell 16% after Intuitive Machines announced a $175 million equity investment to fund satellite communications and space infrastructure expansion.
Keysight shares jumped more than 20% after the company topped Q1 expectations and issued stronger guidance amid rising AI-related demand.
GRAIL stock plunged nearly 50% in premarket trading after its NHS-Galleri cancer trial missed its primary endpoint.
Omnicom stock jumped over 10% after the company unveiled a $5 billion share repurchase program, including $2.5 billion in accelerated buybacks funded by cash on hand.
ImmunityBio stock surged more than 20% after the European Commission granted conditional approval for its bladder cancer treatment, Anktiva.
Danaher stock fell after the company announced a $9.9B all-cash deal to buy Masimo, expanding its diagnostics and patient monitoring business.
Pinterest stock dropped over 20% after weak quarterly results and soft guidance, as CEO Bill Ready said tariffs hit spending from major retail advertisers.
Lumen stock jumped 29% after CEO Kathleen Johnson bought $500,000 worth of shares at $6.35.
Cisco shares rose after the company unveiled its new Silicon One G300 AI networking chip, signaling a deeper push into AI data center infrastructure.