AI Game Heats Up with Amazon Investing $4 Billion in Anthropic
On Friday, Amazon announced investing an additional 4 billion dollars in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. Amazon has agreed to invest up to $4 billion in AI startup Anthropic — a ChatGPT rival with its AI assistant Claude. The new investment gives the Seattle-based e-commerce and cloud titan a minority stake in Anthropic. The immediate investment is $1.25 billion, with either party having the right to trigger another $2.75 billion in funding, Reuters reported. As part of the deal, Anthropic will now use Amazon Web Services data centers, as well as AWS Trainium and…
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