Amazon.Com Inc. (AMZN)

Index:

Nasdaq 100

$ 198.38
   
  • Change Today:
    $-4.50
  • 52 Week High: $214.10
  • 52 Week Low: $144.52
  • Currency: US Dollars
  • Shares Issued: 10,383m
  • Volume: 58,800,042
  • Market Cap: $2,059,780m
  • RiskGrade: 130

CMA clears Amazon's partnership with Anthropic

By Michele Maatouk

Date: Friday 27 Sep 2024

LONDON (ShareCast) - (Sharecast News) - The Competition and Markets Authority said on Friday that it had cleared Amazon's artificial intelligence partnership with San-Francisco based AI start-up Anthropic.
The watchdog said in a brief statement: "The CMA has decided that Amazon's partnership with Anthropic does not qualify for investigation under the merger provisions of the Enterprise Act 2002."

Amazon announced last year that it would invest up to $4bn in Anthropic, which has created a rival to ChatGPT called Claude, and have a minority ownership position in the company.

It said at the time that Amazon developers and engineers would be able to build with Anthropic models via Amazon Bedrock "so they can incorporate generative AI capabilities into their work, enhance existing applications, and create net-new customer experiences across Amazon's businesses".

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Amazon.Com Inc. Market Data

Currency US Dollars
Share Price $ 198.38
Change Today $ -4.50
% Change -2.22 %
52 Week High $214.10
52 Week Low $144.52
Volume 58,800,042
Shares Issued 10,383m
Market Cap $2,059,780m
RiskGrade 130

What The Brokers Say

Strong Buy 21
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Neutral 2
Sell 0
Strong Sell 0
Total 55
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Trades for 21-Nov-2024

Time Volume / Share Price
15:59 100 @ $198.31
15:59 100 @ $198.31
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15:59 100 @ $198.31
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