Get the latest tech news

Amazon Spends $2.75 Billion on AI Startup Anthropic in Its Largest Venture Investment Yet


Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the AI race. From a report: The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that's widely viewed as a frontrunner in generative artifici...

Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the AI race. From a report: The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that's widely viewed as a frontrunner in generative artificial intelligence. The company's product directly competes with OpenAI's ChatGPT in both the enterprise and consumer worlds, and it was founded by ex-OpenAI research executives and employees.

Get the Android app

Or read this on Slashdot

Read more on:

Photo of Amazon

Amazon

Photo of ai startup anthropic

ai startup anthropic

Related news:

News photo

Amazon invests another $2.75B in Anthropic — reportedly ‘largest’ in company history

News photo

Amazon Invests $2.75 Billion in AI Startup Anthropic

News photo

Amazon Adds $2.75 Billion to its Stake in Anthropic