Amazon Adds $2.75 Billion to Its Stake in the A.I. Start-Up Anthropic

Amazon Adds $2.75 Billion to Its Stake in the A.I. Start-Up Anthropic

The New York Times-Tech·2024-03-29 06:00

Amazon said on Wednesday that it had added $2.75 billion to its investment in Anthropic, a start-up that competes with companies like OpenAI and Google in the race to build cutting-edge A.I. systems.

Six months ago, Amazon invested $1.25 billion in Anthropic, making the San Francisco start-up Amazon’s most important A.I. partner. Amazon said at the time that it had the option to bring its total investment to $4 billion. It had until the end of March to do so, according to financial filings.

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