Amazon has committed a further $2.75bn to artificial intelligence start-up Anthropic, strengthening its ties to the company as Big Tech’s race to dominate the booming AI sector intensifies.
The deal is Amazon’s largest ever venture investment and brings its total commitment to Anthropic to $4bn. The partnership is one of a number struck between AI start-ups and technology giants over the past year, as Google, Microsoft, Amazon and others bet that strength in generative AI will be their biggest competitive edge for years to come.
Amazon invested an initial $1.25bn in September last year, and had reserved the right to increase that total to $4bn before the end of March.
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