Palantir Billionaire Peter Thiel Just Bought This Magnificent Artificial Intelligence (AI) Stock Up 347,260% Since Its IPO

Billionaire venture capitalist and Palantir co-founder Peter Thiel has initiated a substantial new position in Amazon through his hedge fund, Thiel Macro. According to the firm's latest 13F regulatory filing, Thiel Macro acquired 495,000 shares of Amazon during the second quarter, representing an investment worth approximately $118 million. The high-conviction stake now accounts for roughly 28% of the fund's total portfolio, signaling strong institutional confidence in the tech giant's long-term growth trajectory. While Thiel is known for favoring market monopolies and Amazon faces intense competition across retail, streaming, and cloud services, analysts suggest the investment hinges on Amazon's vertically integrated artificial intelligence ecosystem. Amazon Web Services continues to see accelerating revenue growth driven by generative AI demand, supported by proprietary silicon including Trainium and Inferentia chips, as well as a major strategic stake in AI startup Anthropic. From a valuation perspective, Amazon trades at an enterprise-value-to-operating-cash-flow ratio of 16.7, near multi-year lows despite heavy capital expenditures. Thiel's sizable capital allocation reflects a bullish outlook on Amazon's ability to monetize full-stack cloud and AI infrastructure.