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Amazon pumps another $4bn into AI start-up Anthropic

Tech group doubles total investment to $8bn as generative artificial intelligence race intensifies
Amazon is increasing its bet on Anthropic even as scrutiny from regulators has grown over concerns that deals between Big Tech and prominent AI start-ups may pose competition risks

Amazon has invested a further $4bn in artificial intelligence start-up Anthropic, doubling its total investment in the company to $8bn, as Big Tech’s race to dominate the generative AI sector intensifies.

The deal will be Amazon’s biggest-ever venture investment, after it committed an initial $1.25bn in the San Francisco based-group in September last year, increasing that to $4bn at the end of March. 

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