Amazon boosts AI play with additional $4B investment in Anthropic
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Amazon.com Inc is investing an additional $4 billion in AI startup Anthropic, following a similar investment earlier this year. Anthropic will use AWS data centers and AI chips as part of the agreement.
November 22, 2024 | 4:30 pm
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Amazon is strengthening its AI capabilities with an additional $4 billion investment in Anthropic, which will utilize AWS infrastructure and AI chips.
The additional $4 billion investment in Anthropic highlights Amazon's commitment to expanding its AI capabilities and integrating AWS infrastructure, which could enhance its competitive edge in the AI sector. This strategic move is likely to positively impact Amazon's stock price in the short term.
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