Amazon pours additional $2.75 bn into Anthropic, total investment at $4 bn

Amazon said on Wednesday it is pouring an additional USD 2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to USD 4 billion.

Amazon will maintain a minority stake in San Francisco-based Anthropic, a rival of ChatGPT maker OpenAI.

Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customers’ experiences, and look forward to what’s next, said Swami Sivasubramanian, vice president of data and AI at AWS, Amazon’s cloud computing subsidiary.