Big OpenAI rival

Amazon’s AI move: 4 billion for Anthropic

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23.11.2024 11:52

The tech giant Amazon has invested a further four billion dollars (3.8 billion euros) in the AI start-up Anthropic. Anthropic announced that Amazon is to become its most important training partner for AI applications.

Amazon and other tech companies such as Microsoft and Google are competing to offer their customers artificial intelligence (AI) applications and are pumping large sums of money into AI companies.

ChatGPT developer OpenAI, for example, received 6.6 billion dollars from investors last month alone and is now one of the most valuable private companies in the world with an estimated 157 billion dollars.

Anthropic, founded by two former OpenAI managers, has already received four billion dollars from Amazon in an earlier financing round and also counts Google among its investors.

This article has been automatically translated,
read the original article here.

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