Amazon said Wednesday that it has completed a massive data center project and that Anthropic is set to use 1 million of its custom chips by the end of 2025. The news comes as AI c ...

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Shares of Amazon.com, Inc. (NASDAQ: AMZN) are rising Wednesday after the company announced that Project Rainier is now operational.

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Amazon said it has completed its Project Rainier data-center cluster, which is powered by nearly 500,000 of the company’s Trainium 2 chips.