Article 6SDWA Amazon doubles down on AI startup Anthropic with $4bn investment

Amazon doubles down on AI startup Anthropic with $4bn investment

by
Reuters
from Technology | The Guardian on (#6SDWA)

Amazon's total investment in the AI company now totals $8bn, with its AWS unit as Anthropic's cloud provider

The artificial intelligence startup Anthropic said on Friday it had raised an additional $4bn investment from its longtime backer Amazon.com, bringing the e-commerce giant's total investment to $8bn, underscoring big tech's growing generative AI investments.

Amazon will maintain its position as a minority investor, the company said. Its AWS unit will also be Anthropic's official cloud provider.

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