Amazon invests $2.75B more in AI start-up Anthropic, totaling $4B, maintaining a minority stake; Anthropic will use AWS and Amazon's custom chips.
Amazon invests an additional $2.75B in AI start-up Anthropic, bringing its total investment to $4B. Amazon will maintain a minority stake in San Francisco-based Anthropic, a rival of OpenAI, as both companies collaborate to develop foundation models for generative AI systems. Under the deal, Anthropic will use AWS as its primary cloud provider and utilize Amazon's custom chips to build, train, and deploy AI models.
March 27, 2024
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