Amazon is considering increasing its investment in OpenAI rival Anthropic.
After According to The Information, Amazon is in talks to take a position several billion in Anthropic, its first financial commitment to the corporate because it struck a $4 billion deal last 12 months. The recent investment is structured similarly to the last one – but with a twist. Amazon wants Anthropic to make use of Amazon-developed chips hosted on Amazon Web Services to coach its AI.
Anthropic prefers Nvidia chips. But the cash could also be too good to pass up. Around the start of the 12 months, Anthropic allegedly It was projected to burn over $2.7 billion in 2024 training and expanding its AI products. Anthropic has been discussing recent financing price $40 billion for several months. per The information, and undoubtedly the pressure to realize something soon, is great.
To date, Anthropic has raised $9.7 billion – almost half of OpenAI's $21.9 billion.
