In turn, Anthropic will use Amazon's custom microchips and transition ... which must grapple with the high costs to develop its AI models. The investment is the latest blockbuster figure in ...

Amazon.com said it has agreed to invest up to $4 billion in artificial-intelligence company Anthropic, the latest big startup investment by tech giants jockeying for an edge in the AI arms race.

Amazon has made good on its promised $4 billion investment in artificial intelligence startup Anthropic, finally giving Anthropic the final $2.75 billion just before the expiration of the agreement.

Amazon announced last September it was investing $4 billion in Anthropic, which would give customers early access to the startup’s tech. It is unclear whether Amazon would pay Anthropic an ...

Amazon says it has sold 500 million Alexa-enabled devices but does not disclose how many active users there are. Announcing a deal to invest $4 billion in Anthropic in September last year ...

A U.K. antitrust watchdog agency said it has “sufficient information” to start an investigation into whether Amazon’s $4 billion investment and partnership with AI startup Anthropic is ...

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Amazon had been extensively working on bringing generative AI features into Alexa for quite some time now. A few months ago, ...

In March 2024, Amazon fulfilled its $4-billion investment commitment to Anthropic, solidifying its minority ownership stake in the company and its use of AWS as its cloud service provider.

Amazon said it plans to spend 8 billion pounds ($10.5 billion) to build and operate data centers in the U.K. over the next ...

In addition, Amazon has announced that it will invest up to $4 billion (about 580 billion yen) in Anthropic in September 2023. Details such as whether this investment led to the introduction of ...

The UK’s antitrust regulator is set to carry out an antitrust investigation into Amazon and its ties with AI startup Anthropic. This comes after Amazon completed a $4 billion investment into the ...