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Amazon.com has announced an investment of up to $4 billion in cash into Anthropic, a startup specializing in artificial intelligence (AI)

The main benchmarks eked out increases Monday as several mega-cap stocks gained ground.

Amazon has made a major investment in Anthropic, taking a minority stake for $1.25 billion with an option for a total of $4 billion. Anthropic will use AWS as its primary cloud provider.

Anthropic will utilize AWS Trainium and Inferentia chips to deploy its future foundation models, benefiting from AWS’s price

Amazon, like most of the biggies in the business is forced to sit up and re-think their strategies post the advent of chatGPT. Amazon CEO Andy Jassy, while

As part of the deal, Anthropic will move most of its software to Amazon Web Services data centers

Amazon.com on Monday said it will invest up to $4 billion in cash in the high-profile startup Anthropic.

Explore the strategic collaboration, custom semiconductors, and AWS integration that position Amazon at the forefront of AI innovation

PARIS — Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps into an AI race dominated by Microsoft, Google and OpenAI.The success of OpenAI's ChatGPT, a chatbot released last year that is able to generate poems, essays and other works with just a short prompt, has led to billions being invested in the field. Amazon had

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