Please ensure Javascript is enabled for purposes of website accessibility
Amazon to Invest an Additional $4 Billion in AI Startup Anthropic
gvw_ap_news
By Associated Press
Published 5 months ago on
November 22, 2024

Amazon doubles down on AI investment, pouring $4 billion more into Anthropic amid fierce tech competition. (AP File)

Share

Getting your Trinity Audio player ready...

Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI.

This will bring Amazon’s total investment in Anthropic – which began last year – to $8 billion. Anthropic said the Seattle-based tech giant will maintain its position as a minority investor in the startup, which was founded by former leaders of the Microsoft-linked OpenAI.

Under the deal, Amazon said the San Francisco-based Anthropic will now name Amazon’s cloud computing unit, Amazon Web Services, as its “primary training partner.” It will also use two AWS chips to train and deploy its future foundational models, the advanced systems that underpin general-purpose AI services like ChatGPT and Google’s Bard chatbot.

“We’ve been impressed by Anthropic’s pace of innovation and commitment to responsible development of generative AI, and look forward to deepening our collaboration,” Matt Garman, the AWS CEO, said in a statement included in Amazon’s announcement.

The relationship between Big Tech companies and AI startups has received scrutiny from regulators in the U.S. and abroad. However, Amazon got some good news in September when Britain’s competition watchdog said Anthropic’s revenue and its combined market share with Amazon in Britain were not big enough to require an in-depth investigation under the country’s merger rules.

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Yastrzemski and Chapman Homers Help Giants Rally Past the Brewers

DON'T MISS

Fresno City Council Finally Passes a Tough Smoke Shop Ordinance

DON'T MISS

Fresno Unified Trustee Wittrup Says District Had Stronger Candidates Than Misty Her

DON'T MISS

Trump Poised to Offer Saudi Arabia Over $100 Billion Arms Package, Sources Say

DON'T MISS

Lights, Camera, Board Vote: Fresno Unified’s Carefully Choreographed Production

DON'T MISS

US Farm Agency Withdraws Proposal Aimed at Lowering Salmonella Risks in Poultry

DON'T MISS

On Major Economic Decisions, Trump Blinks, and Then Blinks Again

DON'T MISS

Candi Is the Dandy to Add a Little Sweetness to Your Life

DON'T MISS

How Trump Tariffs Could Upend California Farms, Wine Businesses, and Ports

DON'T MISS

Tulare Man Sentenced to State Prison for DUI Crash That Injured Two Women

UP NEXT

Fresno City Council Finally Passes a Tough Smoke Shop Ordinance

UP NEXT

Fresno Unified Trustee Wittrup Says District Had Stronger Candidates Than Misty Her

UP NEXT

Trump Poised to Offer Saudi Arabia Over $100 Billion Arms Package, Sources Say

UP NEXT

Lights, Camera, Board Vote: Fresno Unified’s Carefully Choreographed Production

UP NEXT

US Farm Agency Withdraws Proposal Aimed at Lowering Salmonella Risks in Poultry

UP NEXT

On Major Economic Decisions, Trump Blinks, and Then Blinks Again

UP NEXT

Candi Is the Dandy to Add a Little Sweetness to Your Life

UP NEXT

How Trump Tariffs Could Upend California Farms, Wine Businesses, and Ports

UP NEXT

Tulare Man Sentenced to State Prison for DUI Crash That Injured Two Women

UP NEXT

Judge Partly Blocks Trump Order Seeking to Overhaul US Elections

Trump Poised to Offer Saudi Arabia Over $100 Billion Arms Package, Sources Say

16 hours ago

Lights, Camera, Board Vote: Fresno Unified’s Carefully Choreographed Production

16 hours ago

US Farm Agency Withdraws Proposal Aimed at Lowering Salmonella Risks in Poultry

17 hours ago

On Major Economic Decisions, Trump Blinks, and Then Blinks Again

17 hours ago

Candi Is the Dandy to Add a Little Sweetness to Your Life

17 hours ago

How Trump Tariffs Could Upend California Farms, Wine Businesses, and Ports

17 hours ago

Tulare Man Sentenced to State Prison for DUI Crash That Injured Two Women

19 hours ago

Judge Partly Blocks Trump Order Seeking to Overhaul US Elections

19 hours ago

Two From Search Group That Uncovered Mexico’s ‘Ranch of Horror’ Killed

19 hours ago

US Warns States They Could Lose Transportation Funding Over Immigration, DEI Policies

19 hours ago

Yastrzemski and Chapman Homers Help Giants Rally Past the Brewers

SAN FRANCISCO — Mike Yastrzemski and Matt Chapman homered as the San Francisco Giants rallied to beat the Milwaukee Brewers 6-5 on Thursday ...

14 hours ago

14 hours ago

Yastrzemski and Chapman Homers Help Giants Rally Past the Brewers

14 hours ago

Fresno City Council Finally Passes a Tough Smoke Shop Ordinance

15 hours ago

Fresno Unified Trustee Wittrup Says District Had Stronger Candidates Than Misty Her

President Donald Trump delivers remarks during an 'Unleashing American Energy' event at the Department of Energy in Washington, U.S., June 29, 2017. (REUTERS File)
16 hours ago

Trump Poised to Offer Saudi Arabia Over $100 Billion Arms Package, Sources Say

16 hours ago

Lights, Camera, Board Vote: Fresno Unified’s Carefully Choreographed Production

Chickens sit at a poultry farm. March 12, 2025. (REUTERS/Diego Vara/File Photo)
17 hours ago

US Farm Agency Withdraws Proposal Aimed at Lowering Salmonella Risks in Poultry

17 hours ago

On Major Economic Decisions, Trump Blinks, and Then Blinks Again

Candi, GV Wire's Adoptable Cat of the Week
17 hours ago

Candi Is the Dandy to Add a Little Sweetness to Your Life

Help continue the work that gets you the news that matters most.

Search

Send this to a friend