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

Thiel is most famous for co-founding PayPal and Palantir, and being Facebook's earliest outside investor.

Peter Thiel, the billionaire co-founder of PayPal and venture capitalist, has added a notable AI stock to his portfolio. Known for his early investment in Facebook, Thiel's firm now holds a significant stake in Amazon, which has seen an astounding 347,260% return since its 1997 IPO. Despite Amazon's intense competition, Thiel remains bullish on the company's potential.

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