Amazon Invests $2.75 Billion in AI Startup Anthropic
Investment is the culmination of $4 billion funding agreement!
Amazon.com Inc. says it’s investing an additional $2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence startup and expand a partnership between the companies.
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@amazon Invests $2.75 Billion in AI Startup Anthropic
Investment is the culmination of a $4 billion funding agreement, via Bloomberg.#amazon #ai #anthropichttps://t.co/AIbYLHWu0M— The_Journalbiz (@the_journalbiz) March 27, 2024
Bloomberg news
The infusion brings Amazon’s total investment in Anthropic, a well-regarded builder of AI tools able to generate text and analysis, to $4 billion, following an earlier investment announced in September.
As part of the tie-up, Anthropic has also agreed to use Amazon Web Services data centers to power some of its operations and to use Amazon’s custom-built computer chips. Anthropic, based in San Francisco, has also committed to using chips from Alphabet Inc.’s Google, another close partner.
Anthropic is tied up with multiple big tech companies, including Google, which joined a $450 million round of financing last May led by Spark Capital. Google and Amazon Web Services are both Anthropic’s cloud computing partners.
