Is Palantir's Deal With Amazon a Game Changer?
In March, e-commerce and cloud computing specialist Amazon (NASDAQ: AMZN) completed its $4 billion investment in AI start-up Anthropic. Since the completion of that deal, Amazon has made notable progress in its AI road map, underscored by accelerated revenue growth and higher profit generation in its cloud platform, Amazon Web Services (AWS).
I initially viewed Amazon's relationship with Anthropic as a move meant to rival 's $10 billion deal with OpenAI, but some recent moves out of both "Magnificent Seven" members have me thinking there's another lucrative opportunity hiding in plain sight.
Earlier this year, Microsoft announced that it was partnering with Palantir Technologies (NYSE: PLTR) in a campaign geared toward integrating Palantir's AI software services with Microsoft's Azure cloud infrastructure, specifically in classified environments across U.S. defense agencies.
Source Fool.com
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