Amazon to invest as much as $4 billion in ChatGPT rival AI startup



Amazon has plans to invest as much as $4 billion in a generative artificial intelligence startup called Anthropic, which promises to rival ChatGPT, in the e-commerce behemoth’s latest move to get a leg up in the AI space.

“As part of the investment, Amazon will take a minority stake in Anthropic,” the startup revealed in a series of tweets on X/Twitter on Monday.

Anthropic also shared that the agreement will see the San Francisco-based company gaining access to Amazon Web Services’ data centers and homegrown chips to train its language models and power other applications.



AI Artificial Intelligence by Jernej Furman is licensed under Flickr

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