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Amazon to invest up to $25 billion in Anthropic to deepen their AI ties
Amazon is investing an additional $5 billion in AI startup Anthropic, with the potential for $20 billion more, deepening their partnership in the competitive AI industry. Anthropic, known for its Claude chatbot, plans to spend over $100 billion on Amazon’s cloud technologies and chips in the next decade. This collaboration provides Amazon’s cloud business with a leading AI model and a major customer for its chips, while giving Anthropic access to Amazon’s extensive corporate client base.