https://techcrunch.com/2023/09/25/amazon-to-invest-up-to-4-billion-in-ai-startup-anthropic/

Amazon said Monday it has agreed to invest up to $4 billion in AI startup Anthropic as the e-commerce group steps up rivalry against Microsoft, Meta, Google and Nvidia in the fast-growing red hot sector that many technologists believe could be the next great frontier.

The e-commerce group said it will initially invest $1.25 billion for a minority stake in Anthropic, which like Google and OpenAI, also operates a generative AI chat platform. As part of the deal, Amazon has an option to increase its investment to a total of $4 billion.