Amazon Completes $4 Billion Investment in AI Startup Anthropic
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Dow Jones
By Sabela Ojea
Amazon has completed a $4 billion investment in the AI startup Anthropic.
The ecommerce company on Wednesday said it has made an additional $2.75 billion investment in Anthropic as it looks to further advance generative AI.
In September, the company invested $1.25 billion in Anthropic, which selected Amazon Web Services as its primary cloud provider.
Amazon's latest AI news comes a week after AWS, Accenture and Anthropic said they have joined forces to help companies apply and scale generative AI in a responsible way.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
March 27, 2024 13:32 ET (17:32 GMT)
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