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amazon: Amazon steps up AI race with up to $4 billion deal to invest in Anthropic

Amazon has announced that it will invest up to $4 billion in the startup Anthropic to bolster its artificial intelligence capabilities. The deal will give Amazon employees and cloud customers early access to Anthropics technology, while the startup will primarily rely on Amazons cloud services.
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Amazon invests up to $4 billion in Anthropic AI in exchange for minority stake and further AWS integration

Amazon said on Monday that it’s investing up to $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic’s greater use of Amazon Web Services (AWS), the e-commerce giant’s cloud computing platform.
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Source: cnn.com

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