Amazon Injects An Additional $4B Into Anthropic's AI Ambitions

11/26/2024 2:06:21 PM

(MENAFN- Investor Brand Network) Last week, Anthropic AI announced that it had
raised a $4 billion investment
from Amazon.
Anthropic
was founded in 2021 by former executives at OpenAI, Daniela and Dario Amodei. These additional funds bring Amazon's total investment into the artificial intelligence startup to $8 billion and highlight the company's increasing
GenAI
investments.

The e-commerce giant is expected to hold its position as a...

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