Dietrich Wollard and Jason Moser discuss Amazon's investment in anthropic, an open AI rival created by former open AI employees. They speculate on Amazon's goals with this deal and mention other investors in anthropic, including Google, Salesforce, and Zoom video communications. They also talk about Amazon's chip designs and how it may compete with Nvidia.
RCI Hospitality CEO Eric Langan on consumer spending, capital allocation, and getting into the casino business.
(00:21) Jason Moser and Deidre Woollard discuss: - The wisdom Amazon’s bet on Anthropic. - Why Amazon is getting into charging for streaming. - If check-out-free technology is finally reaching its tipping point.
(12:25) Ricky Mulvey interviews the CEO of RCI Hospitality, Eric Langan on his view on consumer spending, capital allocation, and his journey to the CEO seat.
5 Stocks Under $49 report here: http://www.fool.com/report.
Companies discussed: AMZN, WMT, DIS, RICK
Host: Deidre Woollard Guests: Ricky Mulvey, Eric Langan, Jason Moser Producer: Ricky Mulvey Engineer: Dan Boyd
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