Amazon takes minority share in ChatGPT rival Anthropic AI
Amazon has fulfilled its $4 billion investment commitment to AI startup Anthropic, announcing a minority ownership stake in the company and Amazon Web Services (AWS) as its cloud service provider.
The web services giant Amazon said that it is fulfilling its $4 billion investment commitment to the artificial intelligence (AI) startup Anthropic.
In a post on March 27, Amazon said it now holds a minority ownership position in the company after investing an additional $2.75 billion. Last September, Amazon announced its investment intentions and made an initial investment of $1.25 billion.
Anthropic was founded in 2021 by former members of OpenAI. It has created its own AI chatbot, rivaling ChatGPT, called Claude.
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