Amazon doubles down on AI startup Anthropic with another US$4 billion
AMAZON pumped another US$4 billion into OpenAI competitor Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalise on generative artificial intelligence technology. Read more at The Business Times.
Amazon to invest an additional US$4-billion in AI startup Anthropic
This will bring Amazon’s total investment in Anthropic – which began last year – to $8-billion. Anthropic said the Seattle-based tech giant will maintain its position as a minority investor in the startup, which was founded by former leaders of the Microsoft-linked OpenAI.
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