Amazon adds $2.75 billion to its stake in Anthropic
Amazon said Wednesday it 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 artificial intelligence systems.Six months ago, Amazon invested $1.25 billion in Anthropic, making the San Francisco start-up Amazon's largest AI partner. Amazon said at the time that it had the ability to bring its total investment to $4 billion. According to financial documents, they had until the end of March to do so.However, the additional investment shows the enormous resources tech companies are pouring into AI and is indicative of how much financial support Anthropic needs to keep up with its peers.“We believe our strategic collaboration with Anthropic will further enhance our customers' experience an...