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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
Lacking the capability to develop adequate models on their own for whatever reason, companies like Amazon and Microsoft have had to act vicariously through others, primarily OpenAI and Anthropic. It makes too much strategic sense for these companies, which possess enormous war chests saved up for exactly this purpose (outspending rivals when they can’t out-innovate them), to pour cash into the AI sector. We know Anthropic has a plan, and this year we’ll find out what Amazon, Apple, Microsoft, and other multinational interests think they can do to monetize this supposedly revolutionary technology.
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