Elon Musk and Jeff Bezos engaged in a public disagreement on Musk’s platform X regarding comments Bezos allegedly made about President-elect Donald Trump, which Bezos denies. Musk claimed Bezos told people to sell their Tesla and SpaceX stock because Trump would lose, prompting Bezos to deny the accusation. Despite being two of the richest individuals globally, the rivalry between Musk’s SpaceX and Bezos’ Blue Origin continues, with past disagreements over space exploration and engineering details.
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Amazon and Alphabet Bet Big on AI. Why History Says It's Time to Buy Both Stocks
SummaryMicrosoft has scaled back some data center leases but plans to invest $80 billion in AI infrastructure this fiscal year, while Amazon and Alphabet are moving forward with significant expenditures, with Amazon earmarking $75 billion and Alphabet $100 billion for data centers. Amazon's CEO highlighted AI as a transformative force, and both companies are developing custom AI chips to enhance cost efficiency, especially as the focus shifts to inference. Analysts believe that these heavy investments...
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