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Amazon To Pump Another $4bn Into AI Start-Up Anthropic

  • Amazon plans to invest an additional $4 billion in AI start-up Anthropic.
  • This will double Amazon's stake in the company as it competes in the generative AI market.
  • The investment will be made in phases with the first tranche being $1.3 billion.
  • Amazon Web Services will be named Anthropic's primary training partner and use its AI chips.

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