Back to News
Market Impact: 0.2

Uber bets on Amazon's custom chips to boost AI efforts

UBERAMZN
Artificial IntelligenceTechnology & InnovationCompany FundamentalsTransportation & Logistics

Uber is adopting Amazon's custom chips to accelerate computing and train AI models, the cloud giant said on Tuesday. The move underscores Uber's push for advanced hardware to handle growing digital workloads and should modestly improve its AI training speed and cost efficiency.

Analysis

Uber is adopting Amazon's custom chips to accelerate computing and train AI models, the cloud giant said on Tuesday. The move underscores Uber's push for advanced hardware to handle growing digital workloads and should modestly improve its AI training speed and cost efficiency.

AllMind AI Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request a Demo

Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

AMZN0.15
UBER0.45