Amazon doubles down on AI startup Anthropic with $4bn investment

Amazon doubles down on AI startup Anthropic with $4bn investment

Artificial intelligence (AI), Amazon, Technology, Business, US news, World news Business | The Guardian

​Amazon’s total investment in the AI company now totals $8bn, with its AWS unit as Anthropic’s cloud providerThe artificial intelligence startup Anthropic said on Friday it had raised an additional $4bn investment from its longtime backer Amazon.com, bringing the e-commerce giant’s total investment to $8bn, underscoring big tech’s growing generative AI investments.Amazon will maintain its position as a minority investor, the company said. Its AWS unit will also be Anthropic’s official cloud provider. Continue reading… 

Amazon’s total investment in the AI company now totals $8bn, with its AWS unit as Anthropic’s cloud provider

The artificial intelligence startup Anthropic said on Friday it had raised an additional $4bn investment from its longtime backer Amazon.com, bringing the e-commerce giant’s total investment to $8bn, underscoring big tech’s growing generative AI investments.

Amazon will maintain its position as a minority investor, the company said. Its AWS unit will also be Anthropic’s official cloud provider.

Continue reading… 

Leave a Reply

Your email address will not be published. Required fields are marked *