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Published 1 month ago

Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

  • Amazon, the giant tech company, is making its largest outside investment in AI startup Anthropic, valued at $18.4 billion.
  • Anthropic's newest AI models, Claude 3, are its fastest and most powerful and compete with OpenAI's ChatGPT.
  • The U.S. Federal Trade Commission is investigating partnerships between AI developers and cloud service providers like Amazon and Microsoft.
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The GuardianThe Guardian

Amazon pours additional $2.75bn into AI startup Anthropic

Extra financing will bring technology giant’s total investment in OpenAI rival to $4bnAmazon said on Wednesday it will pour an additional $2.75bn into Anthropic, bringing its total investment in the artificial intelligence startup to $4bn.The technology giant will maintain a minority stake in San Francisco-based Anthropic, a rival of ChatGPT maker OpenAI. Continue reading...

1 month ago·London, United Kingdom
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Associated Press NewsAssociated Press News

Amazon pours an additional $2.75 billion into AI startup Anthropic

Amazon says it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion. Amazon will maintain a minority stake in

1 month ago·United States
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abc Newsabc News

Amazon pours an additional $2.75 billion into AI startup Anthropic

Amazon says it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion

1 month ago·United States
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South China Morning PostSouth China Morning Post

Amazon invests another US$2.75 billion in OpenAI rival Anthropic

The capital infusion brings Amazon’s total investment in Anthropic, whose other investors include Google, to US$4 billion.

1 month ago·Hong Kong
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CNBCCNBC

Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race.

1 month ago·United States
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GloboGlobo

Amazon completes investment of US$ 4 billion in artificial intelligence startup Anthropic

In September, Amazon had made an initial investment of $1.25 billion in Anthropic, which selected AWS services as cloud computing providers

1 month ago·Brazil
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