Amazon mulls new multi-billion dollar investment in Anthropic, the Information reports


The logo of Amazon is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes/File Photo

(Reuters) -Amazon.com is in talks for its second multi-billion dollar investment in artificial intelligence startup Anthropic, the Information reported on Thursday, citing a person familiar with the matter.

The cloud services giant announced an investment of $4 billion in the OpenAI rival in September last year, saying its customers would gain early access to Anthropic's technology.

Amazon has asked Anthropic, which uses Amazon's cloud services to train its AI model, to use a large number of servers powered by chips developed by the cloud computing major, the report said.

It added that the AI startup prefers to use Amazon servers powered by Nvidia-designed AI chips.

Amazon and Anthropic declined to comment.

Anthropic, which was co-founded by former OpenAI executives and siblings Dario and Daniela Amodei, last year said it had secured a $500 million investment from Google-parent Alphabet, which promised to invest another $1.5 billion over time.

(Reporting by Akash Sriram in Bengaluru; editing by Alan Barona)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

YouTuber known for drag race videos crashes speeding BMW and dies
KKR becomes largest shareholder in Fuji Soft after successful tender offer
Online disinformation exacerbates Spain flood disaster
How AI will boost Windows Notepad and Paint
LG Energy Solution signs 5-year battery supply deal with Rivian
Taiwan's TSMC says US investment plan is unchanged after election
Motorola raises full-year forecasts on steady demand
Nvidia surpasses $3.6 trillion market value after Trump win
Pinterest's forecast disappoints investors seeking holiday season ad boost
US Cellular to sell some spectrum licenses to AT&T for $1 billion

Others Also Read