Race for the best AI: Amazon invests four billion dollars in Anthropic

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Online retailer Amazon is taking a minority stake in Anthropic.

Amazon wants to invest up to four billion dollars (almost 3.64 billion francs) in the San Francisco-based company, according to its own information on Monday. In this way, “customer experiences” can be improved.

Amazon is taking over a minority stake in Anthropic. The company will be able to use Amazon’s cloud offering as part of the partnership.

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Anthropic has its own chatbot “Claude” that acts as a rival to the well-known chatbot ChatGPT. The race for the best AI proposal is currently being led by companies Google and Microsoft. Competition also comes from China, with chatbots created in China.

(AFP)

Source :Blick

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Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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