Amazon renewed its commitment to Anthropic last week with a $4 billion injection into the company to take a minority stake. Both entities shared the news they are commencing a strategic collaboration in the AI space, with the startup unsurprisingly tapping Amazon Web Services as its primary cloud provider.

Amazon invests another $4 billion in AI startup Anthropic, doubling down on AI development while strengthening AWS's position in the competitive AI chip market.

Amazon.com Inc. is investing an additional $4 billion in artificial intelligence startup Anthropic, boosting its stake in one of OpenAI’s chief rivals.

Anthropic, one of the world’s top providers of advanced AI models, has announced a massive $4 billion investment from Amazon, bringing the tech and shopping giant’s total investment in the AI firm to $8 billion.

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.

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, which is Anthropic’s primary cloud partner, is fiercely competing with Microsoft and Alphabet’s Google to offer AI-powered tools for its cloud customers.

Amazon recently announced an extra $4 billion investment in Anthropic, a well-known artificial intelligence (AI) business, (AI Startup)

(Reuters) -E-commerce giant Amazon has developed new generative artificial intelligence (AI) that can process images and videos in addition to text, making it less reliant on AI startup Anthropic, The Information reported on Wednesday.