This doubles Amazon's investment in the firm known for its GenAI chatbot Claude
- Amazon 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, which has gradually established itself as Anthropic's primary cloud partner, is fiercely competing with Microsoft and Alphabet's Google to offer AI-powered tools for its cloud customers. AWS is bringing significant revenue to Anthropic as a major distributor of its latest models. Microsoft-backed OpenAI raised $6.6 billion from investors last month, which could value the company at $157 billion and cement its position as one of the most valuable private companies in the world.
Nvidia currently dominates the market for AI processors and counts Amazon among its long list of so-called hyperscaler customers.
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