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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
The generative AI landscape is crowded, with global tech giants vying for dominance. OpenAI, which secured $6.6 billion in funding in October, now boasts a valuation of $157 billion. Meanwhile, Elon Musk 's xAI is seeking investments that could push its valuation to $40 billion.
Amazon doubles down on AI startup Anthropic with another $4 bln
Amazon.com pumped another $4 billion into OpenAI competitor Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalize on generative artificial intelligence technology.
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.
38m
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 ...
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 ...
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, ...
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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