Amazon Increases Investment in AI Startup Anthropic to $8 Billion

Team S · 2024-11-23T07:14:29.000Z

Amazon has invested an additional $4 billion in artificial intelligence startup Anthropic, bringing its total investment to $8 billion. As part of this partnership, Amazon Web Services (AWS) will serve as Anthropic's official cloud provider. Additionally, Anthropic plans to collaborate with AWS's Annapurna Labs on developing future generations of Amazon's Trainium chips and intends to train its foundational AI models using this hardware.

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Amazon Increases Investment in AI Startup Anthropic to $8 Billion | Newnex