🤖 Amazon (AMZN) announced a whopping investment of up to $4 billion in AI firm Anthropic, securing a minority ownership stake. This move amplifies Amazon’s AI ambitions, positioning it alongside tech giants like Microsoft (MSFT) and Google (GOOG).
🚀 Anthropic, birthed by ex-OpenAI leaders, recently introduced its AI chatbot, Claude 2. The collaboration between Amazon and Anthropic aims to propel generative AI, with Anthropic choosing Amazon Web Services (AWS) as its chief cloud provider and offering AWS users exclusive AI customization perks.
💡 The partnership also highlighted Amazon’s intent to diversify AI chip usage. While Nvidia (NVDA) reaped significant benefits from the AI surge, Amazon’s alliance with Anthropic showcases alternative semiconductors for AI, further solidifying Amazon’s vision of becoming the AI go-to hub.