Amazon announced a substantial increase in its investment in Anthropic, an AI startup, raising its total investment to $4 billion. Despite maintaining a minority stake, Anthropic competes with OpenAI, the creator of ChatGPT. Swami Sivasubramanian, AWS’s VP of data and AI, highlighted the potential of generative AI and anticipated enhanced customer experiences through collaboration with Anthropic. The collaboration focuses on developing foundational models for generative AI systems. Anthropic will leverage AWS as its primary cloud provider and Amazon’s custom chips, offering AI models through the Bedrock service to businesses like Delta Air Lines and Siemens. This investment reflects the growing interest of tech giants in AI startups, drawing scrutiny from antitrust regulators.
Amazon Doubles Down on AI with $2.75 Billion Investment in Anthropic
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