According to the Financial Times, Amazon is contemplating an additional multibillion-dollar investment in AI company Anthropic to enhance their strategic alliance. The e-commerce giant had previously committed $8 billion to Anthropic in November last year. Key highlights:
• Amazon may increase its investment beyond the initial $8 billion.
• Anthropic and Amazon aim to fortify their strategic collaboration.
• Amazon’s move follows its $4 billion investment in Anthropic last year.
• Anthropic refrained from commenting on the recent investment talks.
• Amazon seeks to solidify its position as a major shareholder in Anthropic.
This potential investment underscores Amazon’s commitment to AI development and competition with industry leaders like Google and OpenAI.
Source: Technology News Today, Latest Tech News | The Hindu