Amazon Invests $4 Billion in AI Startup Anthropic

Reported about 18 hours ago

Amazon.com has increased its investment in AI startup Anthropic by another $4 billion, bringing its total investment to $8 billion as the company competes with major tech rivals in the generative AI sector. This funding will aid Anthropic, known for its GenAI chatbot Claude, in its growth and training of AI models using Amazon's specialized chips. As Amazon positions itself as a primary cloud partner for Anthropic, the investment reflects the growing trend of funding in AI technologies, following the rise of OpenAI's ChatGPT.

Source: YAHOO

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