Amazon commits $4 billion investment in AI start-up Anthropic
Shortpedia
Content Team
Image Credit: twitter
Amazon announced on Monday its plans to invest up to $4 billion in artificial intelligence (AI) start-up Anthropic, as it seeks to compete with tech giants like Microsoft, Meta, Google, and NVIDIA in the rapidly growing AI sector. The e-commerce behemoth will initially invest $1.25 billion for a minority stake in Anthropic, with an option to increase its investment to a total of $4 billion.
