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Amazon doubles down on Anthropic, completing its planned $4B investment [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
The $1.25 billion it invested at the time must be producing results, or perhaps they've realized that there are no other horses available to back. The September deal put $1.25B into the company in exchange for a minority stake, and certain tit-for-tat agreements like Anthropic continuing to use AWS for its extensive computation needs. Amazon reportedly had until the end of the first quarter to decide whether to increase its investment to a maximum of $4B, and here we are just before the deadline, and the company has decided to throw in maximum amount. Anthropic's AI models are one of very few that compete at the highest levels of capability (however you define it ) yet are available at scale for enterprises to deploy internally or in user-facing applications. OpenAI's GPT series and Google's Gemini are the others up there, but upstarts like Mistral may soon threaten that fragile triumvirate. Lacking the capability to develop adequate models on their own for whatever reason, co
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