Amazon invests $4B in AI startup rival to OpenAI [FOX Business Network]
Amazon.com, Inc. (AMZN)
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Source: FOX Business Network
Anthropic announced Friday that the company is receiving a $4 billion investment from Amazon to help advance the startup's efforts to develop artificial intelligence (AI) systems. The new funding brings Amazon's total investment in Anthropic to $8 billion and maintains the tech giant's position as a minority investor in the startup. Anthropic is a leading rival to OpenAI, the Sam Altman-led AI startup that has received about $13 billion in investment from Microsoft. It also establishes that Amazon Web Services (AWS) will be the primary cloud and training partner for Anthropic. Anthropic is the builder of the Claude AI assistant, which is available through Amazon Bedrock – a service that Amazon released last year that gives customers the ability to customize models from third-party providers like Anthropic to meet their various needs. The company noted in its announcement that Claude is being used as core infrastructure for "tens of thousands of companies seeking reliable, pra
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