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HomeLatest NewsTechnologyWhy Amazon is betting $4B on Anthropic’s AI success

Why Amazon is betting $4B on Anthropic’s AI success


The present AI wave is a unending barrage of stories gadgets. To know what I imply, ask your self how lengthy you spent contemplating the truth that Amazon put one other $2.75 billion into Anthropic AI final week. Proper?

We’ve develop into inured to the capital inflow that’s now widespread in AI, even because the headline numbers get even larger. Positive, Amazon is slinging money at Anthropic, however single-digit billions are chump change in comparison with what some firms have deliberate. Hell, even smaller tech firms — in comparison with the true giants — are spending to remain on the leading edge.

In order we digest Amazon’s newest, let’s do a fast rewind by way of among the largest AI rounds in the previous couple of quarters, and ask ourselves simply why we’re some massive tech corps get busy with their checkbooks.

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