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Amazon To Double Investment In AI Startup Anthropic
Amazon boosts investment in AI startup Anthropic with $4bn funding
Amazon has increased its investment in AI startup Anthropic with an additional $4bn, taking the e-commerce giant’s total investment to $8bn. With the latest funding, Amazon will remain a minority investor in the AI company.
Amazon Boosts Investment in AI Startup Anthropic to $8 Billion
In September, the U.K.'s Competition and Markets Authority reviewed Amazon's ties with Anthropic but concluded that their combined market share did not justify further investigati
$4 billion more: Amazon deepens its bet on generative AI with Anthropic
Anthropic’s safety-first approach to AI development aligns with Amazon’s strategy to lead in both innovation and ethical AI. Competition among generative AI companies is heating up. On Friday, Amazon announced it would invest another $4 billion in the generative AI company,
17h
Amazon’s Moonshot Plan to Rival Nvidia in AI Chips
The cloud computing giant won’t dislodge the incumbent anytime soon but is hoping to reduce its reliance on the chipmaker.
1h
Amazon’s Strategic AI Partnership with Anthropic: A Boost for AWS in the Cloud Market
Bank of America Securities analyst Justin Post has maintained their bullish stance on AMZN stock, giving a Buy rating on November 22.Don't ...
5h
Amazon's AI Chip Strategy Targets Nvidia's Dominance In Data Centers
Amazon challenges Nvidia in AI chip market worth over $100 billion. Its Trainium 2 chip offers better performance, ...
2h
IBM brings its most powerful Granite AI models to Amazon’s cloud
The company said it will showcase a number of key collaborations at AWS re:Invent next week, including the launch of its most ...
4d
The AI Effect: Amazon Sees Nearly 1 Billion Cyber Threats a Day
The technology has spawned a surge in hacking attempts, says cyber chief CJ Moses, while Amazon is also using it to ...
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