Amazon Inc.
As part of this groundbreaking deal, Anthropic will leverage Amazon's custom-designed chips to develop and rollout its AI software. Amazon also intends to integrate Anthropic's cutting-edge technology into various products within its expansive portfolio.
According to insider sources cited by The Wall Street Journal, Amazon is initially investing $1.25 billion in Anthropic, with the possibility of increasing this figure to $4 billion, contingent on certain conditions. Furthermore, Anthropic has committed to directing a portion of this capital toward Amazon's cloud infrastructure arm, Amazon Web Services.
Shares of Amazon Inc. were up 0.6% in premarket trading on Monday.
The AI Gold Rush Continues
Alphabet Inc.
Salesforce Inc.
Founded in 2021, Anthropic distinguishes itself by offering an AI assistant called Claude, which competes directly with ChatGPT.
Led by siblings Dario and Daniela Amodei, both former OpenAI employees, Anthropic touts the safety and reliability of its technology.
Amazon's choice to become Anthropic's primary cloud provider underscores the growing importance of cloud infrastructure in the AI ecosystem.
Despite the enthusiasm and investments in AI, it still represents a fraction of the revenue generated by cloud-computing businesses.
Microsoft Corp.