Venture capitalists break decades-old taboo by backing AI competitors [Los Angeles Times (CA)]
Amazon.com, Inc. (AMZN)
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Source: Los Angeles Times
to meet their immense capital needs — a practice that was once taboo in startup land. Sequoia Capital and Altimeter Capital, for example, are both expected to invest in Anthropic's latest financing, which is set to bring in more than $20 billion. Sequoia first backed OpenAI in 2021, and has invested in several of the company's rounds since. Altimeter, which has said that OpenAI was its biggest bet ever, is set to invest more than $200 million in Anthropic's latest deal, according to a person familiar with the matter who asked not to be identified discussing private information. The growing trend highlights how much the top few AI developers are scrambling the venture funding landscape. Silicon Valley investors have historically gone to great lengths not to bet on rival startups — choosing instead to pick a winner and back them to the end, avoiding perceptions of a conflict of interest. But with artificial intelligence breakthroughs creating a feeding frenzy for tech investors, tho
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AMZN
Earnings
- 2/5/26 - Miss
AMZN
Sec Filings
- 2/13/26 - Form 4
- 2/12/26 - Form 144
- 2/11/26 - Form 144
- AMZN's page on the SEC website