Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battle

Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battle

a year ago
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https://apnews.com/article/artificial-intelligence-amazon-anthropic-investment-72d21e6c663d506dbf968f50628e7ded

Amazon is investing up to $4 billion in Anthropic and taking a minority stake in the artificial intelligence startup, the two companies said Monday.

The investment underscores how Big Tech companies are pouring money into AI as they race to capitalize on the opportunities that the latest generation of the technology is set to fuel.