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Amazon.com Inc (NASDAQ:AMZN) shares are trading higher in Monday’s after-hours session after the company announced an expanded strategic collaboration with Anthropic.
- Amazon.com stock is showing positive momentum. What’s ahead for AMZN stock?
Amazon Expands Collaboration With Anthropic
Amazon announced Anthropic is committed to spending more than $100 billion on Amazon Web Services technology over the next 10 years to secure five gigawatts (GW) of capacity to train and power the company’s advanced AI models. The deal includes Trainium3 capacity, which is expected to come online this year.
Separately, Amazon bolstered its investment in Anthropic with $5 billion invested and up to an additional $20 …
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