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Amazon Boosts Investment in AI Startup Anthropic
Amazon Boosts Investment in AI Startup Anthropic to $8 Billion
The generative AI landscape is crowded, with global tech giants vying for dominance. OpenAI, which secured $6.6 billion in funding in October, now boasts a valuation of $157 billion. Meanwhile, Elon Musk 's xAI is seeking investments that could push its valuation to $40 billion.
Amazon doubles down on AI startup Anthropic with another $4 bln
Amazon.com pumped another $4 billion into OpenAI competitor Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalize on generative artificial intelligence technology.
Amazon Just Invested Another $4 Billion in AI Startup Anthropic
Anthropic, one of the world’s top providers of advanced AI models, has announced a massive $4 billion investment from Amazon, bringing the tech and shopping giant’s total investment in the AI firm to $8 billion.
11h
on MSN
Amazon escalates AI arms race with additional $4B investment in OpenAI rival Anthropic
Amazon, which is Anthropic’s primary cloud partner, is fiercely competing with Microsoft and Alphabet’s Google to offer ...
5h
Amazon makes massive downpayment on dethroning Nvidia
The cloud giant just launched another assault on Nvidia's lead in the AI chip market.
1d
The AI Effect: Amazon Sees Nearly 1 Billion Cyber Threats a Day
The technology has spawned a surge in hacking attempts, says cyber chief CJ Moses, while Amazon is also using it to ...
2d
The Man Behind Amazon’s Robot Army Wants Everyone to Have an AI-Powered Helper
Brad Porter helped Amazon deploy an army of warehouse robots. His new creation—Proxie—could help other companies embrace more ...
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1d
Amazon.com (AMZN)’s AI-Powered Alexa: New Partnerships with Uber, Ticketmaster, and Instacart Revealed
We recently published a list of 14
AI
Stocks to Watch According to Latest
News
and Ratings. In this article, we are going ...
3d
Inside Amazon's agonizing attempt to save Alexa with AI
The Alexa digital assistant seems like the perfect product for the generative AI era. Getting this technology to actually ...
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