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Amazon pours an additional $2.75 billion into AI startup Anthropic

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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 said Wednesday 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 San Francisco-based Anthropic, a rival of ChatGPT maker OpenAI.
“Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customers’ experiences, and look forward to what’s next,” said Swami Sivasubramanian, vice president of data and AI at AWS, Amazon’s cloud computing subsidiary.

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