Amazon Invests an Additional $4 Billion in AI Firm Anthropic [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The new infusion, announced by the companies on Friday, follows a $4 billion investment in Anthropic completed earlier this year. That deal included provisions that Anthropic use Amazon Web Services data centers for some of its computing needs, as well as AWS-designed AI chips. Anthropic also has close ties with Alphabet Inc.'s Google. The latest investment “establishes AWS as our primary cloud and training partner,” Anthropic said in a blog post, adding that the startup plans to use Amazon's AI chips to develop its most advanced models. The deal maintains Amazon's minority stake in the company, Anthropic said. Founded in 2021 by former employees of OpenAI, Anthropic has become one of the ChatGPT maker's closest rivals. Its Claude family of chatbots is widely seen as among the most capable of generating text from scratch. Amazon has used its close relationship with Anthropic to bolster its credentials in AI services, offering the Claude models to client
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