Big Law

Amazon Will Invest Up to $4 Billion in OpenAI Rival, Anthropic

E-commerce giant Amazon on Monday said it will invest up to $4 billion in artificial intelligence firm Anthropic and take a minority ownership position in the company.

The move underscores Amazon’s aggressive AI push as it looks to keep pace with rivals such as Microsoft
and Alphabet’s Google.

Anthropic was founded roughly two years ago by former OpenAI research executives and recently debuted its new AI chatbot called Claude 2.

Read the source article at CNBC

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