Skip to main content
08 Oct 2023

Amazon to invest £3.2 billion in Anthropic to fuel AI innovation

Amazon to invest £3.2 billion in Anthropic to fuel AI innovation
Techerati

Amazon is planning to invest £3.2 billion ($4 billion) in Anthropic, a competitor to ChatGPT. This partnership will make Anthropic's advanced AI models more accessible to AWS customers. Initially, £1 billion ($1.25 billion) will be invested, with the potential for an additional £2.25 billion ($2.75 billion) from Amazon. The ownership stake and updated valuation of Anthropic have not been disclosed, but it's expected to be valued at over £3.2 billion ($4 billion). Amazon will have a minority position and won't join the board, but its employees and cloud customers will gain early access to Anthropic's technology. Developers can use Anthropic models via Amazon Bedrock to integrate generative AI into their projects.

 

Read the article

View all News
Loading

Opportunities has moved