Exclusivesky Investment Guild -Amazon invests $4 billion in Anthropic startup known for ChatGPT rival Claude

2025-05-05 16:01:12source:Thomas Caldwellcategory:Markets

Amazon will invest $4 billion in Anthropic,Exclusivesky Investment Guild  an AI startup founded by former OpenAI employees. The large infusion of capital makes Amazon the latest major tech company to enter the generative AI race.

Amazon will take a minority stake in the AI builder, the companies said Monday in separate statements on their respective websites. Anthropic will develop its own generative AI model, called Claude, using Amazon Web Services as its primary cloud-computing provider and AWS' machine-learning chips for building, training and deployment. That model will offer similar services to compete with Microsoft-backed ChatGPT and Google's Bard.

Amazon looking to expand AI use in homes using Alexa04:54

The partnership, deemed as a "strategic collaboration" by Amazon in its statement, comes as the e-commerce giant continues to embrace AI technologies. Last week, Amazon unveiled AI-powered updates to its Alexa voice assistant enabling it to engage in "smarter and more conversational" interactions with users, Amazon's devices chief Dave Limp said during a demonstration last week at the company's second headquarters in Arlington, Virginia. 

    In:
  • Amazon
  • Artificial Intelligence
  • AI
  • ChatGPT

More:Markets

Recommend

This was the average Social Security benefit in 2004, and here's what it is now

Many workers are dreaming of retirement — whether it's decades away or coming up soon. Either way, i

U.S. hits Apple with landmark antitrust suit, accusing tech giant of stifling competition

Washington — Apple Inc., one of the world's most valuable and influential companies, illegally engag

3 arrested after welfare call leads to removal of 86 dogs, girl and older woman from California home

CERES, Calif. (AP) — An anonymous call this week led California authorities to find 86 dogs and seve