On April 24, Amazon Inc's shares increased by 3.2% to reach a record high of $263.13 following the announcement of a partnership with Meta Platforms, the parent company of Facebook. This deal involves Amazon supplying tens of millions of its Graviton processors, designed for cloud computing, to support Meta's AI workloads. Meta's shares also rose by 3.3% to $680. The partnership, which is expected to last at least three years, positions Meta as one of the largest users of Graviton processors globally. Amazon's recent collaborations, including a significant investment from Anthropic in its cloud infrastructure, have bolstered the outlook for Amazon Web Services ahead of the company's earnings report scheduled for April 29. With plans to invest up to $200 billion in data centers and infrastructure, Amazon is responding to the growing demand for AI processing power. Overall, Amazon's stock has seen a remarkable recovery in April, gaining 26% amid improving sentiment towards technology stocks.