Amazon injects another $2.75 billion into startup founded by siblings who worked at OpenAI [Fortune]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Fortune
The infusion brings Amazon's total investment in Anthropic, a well-regarded builder of AI tools able to generate text and analysis, to $4 billion, following an earlier investment announced in September . As part of that deal, Amazon had the right to contribute the additional funds in the form of a convertible note, provided it did so before the end of March. As part of the tie-up, Anthropic has also agreed to use Amazon Web Services data centers to power some of its operations, and to use Amazon's custom-built computer chips. Anthropic, based in San Francisco, has also committed to using chips from Alphabet Inc.'s Google , another close partner Anthropic is tied up with multiple big tech companies, including Google, which joined a $450 million round of financing last May led by Spark Capital. Google and Amazon Web Services are both Anthropic's cloud computing partners. Anthropic was formed in 2021 by former employees of OpenAI, including Daniela Amodei and her brother Dario, wh
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