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Amazon Boosts Investment in AI Startup Anthropic
Amazon Boosts Investment in AI Startup Anthropic to $8 Billion
The generative AI landscape is crowded, with global tech giants vying for dominance. OpenAI, which secured $6.6 billion in funding in October, now boasts a valuation of $157 billion. Meanwhile, Elon Musk 's xAI is seeking investments that could push its valuation to $40 billion.
Amazon to invest another $4B in Anthropic as part of AI, chip collaboration
Anthropic’s latest funding round comes two months after OpenAI raised $6.6 billion in the largest startup investment on record. It also secured a $4 billion line of credit from a group of banks. OpenAI, which is now worth $157 billion, will invest the funds in AI research and compute infrastructure.
Amazon invests $4 billion more in AI rival Anthropic
Amazon is doubling down on artificial intelligence with an additional $4 billion investment in Anthropic, bringing its total stake to $8 billion. The AI startup, known for its Claude chatbot, will use Amazon Web Services (AWS) as its primary cloud partner, leveraging AWS’s chips to train and deploy its models.
16h
Anthropic raises another $4B from Amazon, makes AWS its ‘primary’ training partner
Anthropic has raised an additional $4 billion from Amazon, and has agreed to train its flagship generative AI models ...
11h
on MSN
Amazon.com, Inc. (AMZN) Launches AWS Amplify AI Kit for Bedrock, Enabling Developers to Build AI-Powered Web Apps
We recently compiled a list of the 15 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a ...
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AWS and Anthropic ink deal to accelerate model development, enhance AI chips
AWS will be Anthropic’s primary training partner, and the startup will help in the development of Trainium accelerators.
19h
What to expect during theCUBE’s ‘Cloud AWS re:Invent Coverage’ event: Join theCUBE Dec. 3-6
Advancements in generative and agentic AI innovation are transforming enterprises. Learn more at theCUBE's "Cloud AWS re:Invent Coverage" event.
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