“Amazon to Invest Up to $4 Billion in AI Startup Anthropic”
September 25, 2023
“…As part of the deal, Anthropic will move most of its software to Amazon Web Services data centers, and use the cloud computing company’s homegrown chips to train the models it uses to power chatbots and other applications. Besides getting access to Amazon’s computing power, Anthropic will gain a financial infusion that will help it pay the huge costs required to train and run massive AI models. Amazon will have a minority position in Anthropic, the companies said in a statement on Monday…”
https://finance.yahoo.com/news/amazon-invest-much-4-billion-070100383.html