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TechCrunch Minute: Amazon bets $4B on Anthropic’s success


The current AI wave is a never-ending barrage of news items. To understand what I mean, ask yourself how long you spent considering the fact that Amazon

Sure, Amazon is slinging cash at Anthropic, but single-digit billions are chump change compared to what some companies have planned. Hell, even smaller tech companies — compared to the true giants — are spending to stay on the cutting edge. So as we digest Amazon’s latest, let’s do a quick rewind through some of the largest AI rounds in the last few quarters, and ask ourselves just why we’re some big tech corps get busy with their checkbooks.

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