Thursday, March 28, 2024

Amazon invests $2.75 billion in ChatGPT-rival Anthropic, takes total investment to $4 billion

The investment comes six months after Amazon invested $1.25 billion in Anthropic, making the San Francisco start-up Amazon’s most important AI partner. Amazon said at the time that it had the option to bring its total investment to $4 billion. It had until the end of March to do so, according to financial filings.

from Tech-Economic Times https://ift.tt/TjZaBdq

No comments:

Post a Comment

Quick fashion plays trials with AI to win ‘no return’ game

Startups bet big on ‘try and buy’ and virtual try-on tools for fewer returns. While these tools lower costs and improve customer satisfactio...