News Minimalist logo

AI trade in 2024 is strong with room to grow

CNBC — April 1, 2024, 08:00 PM UTC

Summary: AI trade in 2024 is strong with room to grow due to early adoption and monetization potential. Microsoft leads with investments in OpenAI, while Alphabet's research underpins products like ChatGPT. Amazon invests heavily in AI startups like Anthropic. Meta Platforms focuses on consumer AI, driving ROI for advertisers. Apple may partner with Google for AI. Amazon, Meta, and Microsoft stocks hit 52-week highs.

Full article

Article metrics
Significance6.6
Scale8.0
Magnitude7.5
Potential8.5
Novelty7.0
Actionability6.0
Immediacy9.0
Positivity8.0
Credibility9.0

Timeline:

  1. [5.6]
    AI startups thrived at Y Combinator, with 86 present (TechCrunch)
    37d

    ScoresSource
  2. [6.4]
    Tech giants invest in AI startups to stay competitive (CNBC)
    42d

    ScoresSource
  3. [6.6]
    Amazon boosts Anthropic investment to $4bn, surpassing OpenAI (Financial Times)
    44d

    ScoresSource
  4. [6.7]
    Amazon invests $2.75 billion in AI startup Anthropic (CNBC)
    45d

    ScoresSource
  5. [4.0]
    Amazon invests $4 billion in Anthropic for generative AI (About Amazon)
    45d
    Source