NatalieLopez

 1 May 24

tl;dr

Anthropic, the generative artificial intelligence startup backed by Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and others, said on Wednesday it is launching an iOS app and a new pair tier aimed at businesses as the company looks to boost revenue growth. The Claude iOS app will be avai...

Anthropic, the generative artificial intelligence startup backed by Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and others, said on Wednesday it is launching an iOS app and a new pair tier aimed at businesses as the company looks to boost revenue growth. The Claude iOS app will be available for free to download and comes with the same experience seen on the mobile web, including syncing chat history and support for taking and uploading photos, Anthropic said in a blog post. Prior to the launch of the iOS app, Claude was only available on Claude.ai and cloud services such as Amazon Bedrock, Microsoft (NASDAQ:MSFT) Azure and others. By comparison, ChatGPT, which was created by Microsoft-backed OpenAI, launched its iOS app in May 2023. An Android app was launched in July. Google unveiled its Gemini iOS and Android apps in February. In addition to the iOS app, Anthropic unveiled a Team plan for businesses, giving enterprises access to Claude models. There is a minimum of five seats, with the cost at $30 per seat per month. Anthropic unveiled its first paid tier for Claude, the Pro plan, in September at $20 per month. It was reported in December that Anthropic was expecting an annualized revenue run rate of more than $850M by the end of 2024. Amazon disclosed in March that it made an additional $2.75B investment in Anthropic, bringing its total investment in the company to $4B. The investment will give Amazon a minority stake in Anthropic but without a board seat. Anthropic was last valued at $18.4B, according to CNBC. Amazon made a $1.25B investment in September in Anthropic, with media reports stating at the time Amazon could invest up to $4B in the San Francisco-based Anthropic.

More about Amazon.com Inc

Amazon.com Inc

Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.

Sector: TRADE & SERVICES

Industry: RETAIL-CATALOG & MAIL-ORDER HOUSES

Market Cap: 1,820,525,068,000

Current Price: $3,060.34

Dividend Yield: None

P/E Ratio: 2.9

52-Week High: $3,055.78

52-Week Low: $1,629.05

Price to Sales: 0.0529

Enterprise Value: 574,784,995,000

EBITDA: 212.71

Beta (3Y Monthly): 0.50

EPS (TTM): 50.69

Profit Margin: 0.139

More about Alphabet Inc Class C

Alphabet Inc. Class C Summary

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.

Sector: Technology

Industry: Services - Computer Programming, Data Processing, etc.

Market Data:

Market Cap: $2,021,746,278,000

PE Ratio: 25.25

Dividend Yield: None

Beta: 6.52

Current Price: $25.37

50-Day Moving Average: $318,145,987,000

200-Day Moving Average: $181.23

RSI (14): 0.609

Volatility: 0.154

More about Microsoft Corporation

Microsoft Corporation is an American multinational technology company known for its production of computer software, consumer electronics, personal computers, and related services. The company's notable software products include the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. In terms of hardware, Microsoft's flagship products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers.

According to the 2020 Fortune 500 rankings, Microsoft held the No. 21 position among the largest United States corporations by total revenue. As of 2016, it was the world's largest software maker by revenue. Microsoft is recognized as one of the Big Five companies in the U.S. information technology industry, alongside Google, Apple, Amazon, and Facebook.

Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: 289.36B
P/E Ratio: 33.8
EPS: 2.93
Dividend Yield: 11.52
52-Week High: 31.83
52-Week Low: 0.364
Avg. Volume: 236,583,993
Market Cap (intraday): 467.9
Beta (5Y Monthly): 0.2
PEGRatio (5Y Expected): 0.17

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 18 Sep 24
 18 Sep 24
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