Anthropic

Amazon doubles down on Anthropic, completing its planned $4B investment

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Amazon doubles down on Anthropic, completing its planned $4B investment

Amazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The $1.25 billion it invested at the time must be producing results, or perhaps they’ve realized that there are no other horses available to back. The September deal put $1.25 billion into … Read more

Amazon’s $4 Billion Investment in Anthropic: Dominance in AI Landscape Strengthened

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Amazon’s $4 Billion Investment in Anthropic: Dominance in AI Landscape Strengthened

In a strategic move aimed at maintaining its dominance in the fast-changing artificial intelligence (AI) landscape, Amazon announced it is investing an additional $2.75 billion in AI startup Anthropic. This new capital injection adds to Amazon’s initial $1.25 billion investment in Anthropic in September, bringing the total commitment to $4 billion. The move underscores Amazon’s … Read more