5 sources·Technology

Amazon Doubles Down on AI with $4 Billion Investment in Anthropic

Amazon's latest investment enhances its AI portfolio as Anthropic becomes a primary training partner using AWS technology.

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Updated: Nov 22nd, 2024, 2:55 PM ET

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Amazon has invested an additional $4 billion in AI startup Anthropic, bringing its total investment to $8 billion. Anthropic, which focuses on generative AI, will utilize Amazon Web Services as its primary cloud provider and training partner, employing AWS's chips for AI model development. The partnership, part of a larger generative AI competition among tech giants, does not face regulatory challenges as deemed by Britain's competition authority. Anthropic, co-founded by former OpenAI executives, is well-known for its AI chatbot Claude and continues to innovate in the rapidly evolving AI landscape.

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