Posted 3/28/2024, 5:46:00 PM
Amazon Bets $4 Billion on Anthropic to Boost Its AI and Close Gap with Microsoft
- Amazon invested additional $2.75B in AI startup Anthropic, completing a $4B deal to boost its generative AI capabilities
- Deal could help close Amazon's "perception gap" with Microsoft in offering AI cloud services
- Anthropic's Claude chatbot is seen as on par with or exceeding OpenAI's ChatGPT
- Amazon is using its own AI chips and providing cloud infrastructure to aid Anthropic
- Deal is Amazon's latest move to be a leading provider of generative AI, seen driving major growth
