VentureBeat March 27, 2024
We previously reported on the news of e-commerce and cloud computing giant Amazon’s plan to invest $4 billion in OpenAI rival Anthropic.
Today, Amazon announced it has finalized that investment at the full planned amount, putting in another $2.75 billion atop the $1.25 billion it originally committed last year. According to CNBC, it is Amazon’s “largest venture investment yet.”
“We have a notable history with Anthropic, together helping organizations of all sizes around the world to deploy advanced generative artificial intelligence applications across their organizations,” said Dr. Swami Sivasubramanian, vice president of Data and AI at Amazon Web Services (AWS), the company’s lucrative cloud division and world’s largest provider of cloud services by revenue and customer base, in a prepared...
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