Amazon Invests an Additional $4 Billion in AI Firm Anthropic [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Yahoo! Finance
Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes Paris to Replace Parking Spaces With Trees New York's Transit Agency Approves $9 Congestion Toll 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 OpenA
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