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The podcast discusses Amazon's investment in anthropic and their chip designs, as well as the potential tipping point for checkout-free technology. The CEO of RCI Hospitality shares his views on consumer spending, capital allocation, and his experience with making stock purchases.
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Quick takeaways
- Amazon's investment in anthropic demonstrates their commitment to establishing a strong presence in the AI space.
- The addition of ads to Amazon's Prime service aligns with the growing market for advertising-supported video on demand.
Deep dives
Amazon Invests in AI Rival Anthropics
Amazon has invested up to $4 billion in anthropics, an open AI rival created by former open AI employees. The deal involves anthropic using AWS cloud and Amazon's own chip designs for training. This move signifies Amazon's desire to establish a strong presence in the AI space.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode