Amazon has announced a $4 billion investment in AI startup Anthropic. The move is part of the race among tech giants to benefit from AI breakthroughs. Anthropic is known for its AI-powered chatbot and is considered one of the most promising startups in the field. Amazon aims to keep up with rivals Microsoft and Google, who have also invested heavily in AI. The investment will give Amazon’s employees and cloud customers early access to Anthropic’s technology. Anthropic will primarily rely on Amazon’s cloud services and use their computer chips for training AI models.
Amazon invests in one of the ‘most-valued’ AI startups, and why it may be good news for tech industry
Share via:
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Amazon invests in one of the ‘most-valued’ AI startups, and why it may be good news for tech industry
Amazon has announced a $4 billion investment in AI startup Anthropic. The move is part of the race among tech giants to benefit from AI breakthroughs. Anthropic is known for its AI-powered chatbot and is considered one of the most promising startups in the field. Amazon aims to keep up with rivals Microsoft and Google, who have also invested heavily in AI. The investment will give Amazon’s employees and cloud customers early access to Anthropic’s technology. Anthropic will primarily rely on Amazon’s cloud services and use their computer chips for training AI models.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
More like this
Popular
Upcoming Events
Startup Information that matters. Get in your inbox Daily!