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Amazon Boosts Investment in AI Startup Anthropic
Amazon Boosts Investment in AI Startup Anthropic to $8 Billion
The generative AI landscape is crowded, with global tech giants vying for dominance. OpenAI, which secured $6.6 billion in funding in October, now boasts a valuation of $157 billion. Meanwhile, Elon Musk 's xAI is seeking investments that could push its valuation to $40 billion.
Amazon doubles down on AI startup Anthropic with another $4 bln
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 invests $4B in AI startup rival to OpenAI
Anthropic announced it received an additional $4 billion investment from Amazon as they deepened their partnership with AWS becoming its primary cloud and training partner.
4h
Amazon doubles down on Anthropic, positioning itself as a key player in the AI arms race
Amazon strengthens its position in the AI race with an additional $4 billion investment in Anthropic, committing to custom silicon and cloud dominance to compete with Microsoft and Google.
5h
Amazon makes massive downpayment on dethroning Nvidia
The cloud giant just launched another assault on Nvidia's lead in the AI chip market.
13h
Amazon doubles total Anthropic investment to $8B, deepens AI partnership with Claude maker
Amazon will invest another $4 billion in Anthropic, the startup behind the Claude chatbot and AI platform, bringing its total ...
1d
The AI Effect: Amazon Sees Nearly 1 Billion Cyber Threats a Day
The technology has spawned a surge in hacking attempts, says cyber chief CJ Moses, while Amazon is also using it to ...
2d
The Man Behind Amazon’s Robot Army Wants Everyone to Have an AI-Powered Helper
Brad Porter helped Amazon deploy an army of warehouse robots. His new creation—Proxie—could help other companies embrace more ...
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1d
Amazon.com (AMZN)’s AI-Powered Alexa: New Partnerships with Uber, Ticketmaster, and Instacart Revealed
We recently published a list of 14
AI
Stocks to Watch According to Latest
News
and Ratings. In this article, we are going ...
3d
Inside Amazon's agonizing attempt to save Alexa with AI
The Alexa digital assistant seems like the perfect product for the generative AI era. Getting this technology to actually ...
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