Tag: ANTHROPIC
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Amazon Increases Investment in Anthropic to $8 Billion, Boosting AI Rivalry
Anthropic announced a $4 billion investment from Amazon, raising its total stake to $8 billion. This funding supports the development of Claude, an AI assistant competing with ChatGPT. Anthropic will utilize Amazon’s AI chips and collaborate on advancements in AI processing. Additionally, Anthropic is assisting Amazon in updating its Alexa assistant, albeit facing delays due…