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Amazon to Invest Up to $4 Billion in A.I. Start-up Anthropic – The New York Times

By Thomas A. Smith

Amazon said on Monday that it would invest up to $4 billion in the artificial intelligence start-up Anthropic, as the world s biggest technology companies race to benefit from A.I. breakthroughs that could reshape parts of their businesses and the economy as a whole.

Amazon is trying to keep pace with rivals such as Microsoft and Google, which have each poured billions of dollars into A.I. research. Anthropic, seen as one of the most promising of a batch of A.I. start-ups, will use Amazon s data centers, cloud-computing platform and A.I. chips.

The tech giants have been partnering with up-and-coming A.I. start-ups by providing them with computing power and cash to help them develop new models and applications. Google has also invested in Anthropic, while Microsoft backed OpenAI, the maker of ChatGPT.

via www.nytimes.com