15 AI News Updates Wall Street Is Monitoring

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4. Amazon.com, Inc. (NASDAQ:AMZN)

Market Capitalization: $2.1 Trillion  

Amazon.com, Inc. (NASDAQ:AMZN) operates as a technology conglomerate with core interests in the ecommerce business. Latest reports from Israeli media indicate that Amazon and Google are competing for a $80 million tender to construct the first AI supercomputer in the Middle Eastern country. Per the reports, the Israel Innovation Authority set to split the costs equally with the winning tech giant. The reports further claim that the project will equip Israel with between 1,000 and 2,000 NVIDIA H100 graphics processors dedicated to training language models.

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