Amazon is investing up to $4 billion in artificial intelligence startup Anthropic and taking a minority stake in the company.
FILE - The Amazon logo is seen, Sept. 6, 2012, in Santa Monica, Calif. On Wednesday, Sept. 20, 2023, Amazon unveiled a slew of gadgets and an update to its popular voice assistant Alexa, infusing it with more generative AI features to better compete with other tech companies who've rolled out flashy chatbots.
The investment underscores how Big Tech companies are pouring money into AI as they race to capitalize on theAmazon and Anthropic said the deal is part of a broader collaboration to develop so-called foundation models, which underpin thetrained on vast pools of online information
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| Amazon to Invest Up to $4 Billion in Anthropic as AI Arms Race EscalatesThe deal, which includes a broad partnership, follows Microsoft’s multibillion-dollar stake in rival startup OpenAI.
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Amazon steps up AI race with up to $4 billion deal to invest in AnthropicAmazon.com on Monday said it will invest up to $4 billion in cash in the high-profile startup Anthropic, in its effort to compete with growing cloud rivals on artificial intelligence.
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Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAIE-commerce giant Amazon on Monday said it will invest up to $4 billion in Anthropic and take a minority ownership position in the company.
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Amazon's bet on Anthropic's AI smarts could total more than $4 billionAmazon is investing up to $4 billion in OpenAI rival Anthropic as a way to provide deep learning and other services to its Amazon Web Service (AWS) customers.
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Amazon will invest up to $4 billion in OpenAI rival AnthropicLooks like Amazon has backed a pony in the AI arms race.
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Amazon to Invest Up to $4 Billion in AI Startup Anthropic. It’s a Warning to Big Tech Rivals.Amazon’s cloud customers will get early access to Anthropic’s technology through Amazon Bedrock, the company’s generative AI platform for businesses.
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