Tag: COMPETITION AND MARKETS AUTHORITY

Amazon Expands Investment in AI Company Anthropic to $8 Billion

Nov 23, 2024

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by

Oliver Henderson

in general invests

Amazon has increased its investment in Anthropic to a total of $8 billion, focusing on collaboration in artificial intelligence and cloud computing technology, specifically utilizing Trainium hardware for machine learning advancements. The move comes amidst regulatory reviews of major tech investments in AI firms. Amazon has announced an increase in its investment in Anthropic, committing…