Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal

Amazon is set to invest a further $4 billion in Anthropic, a San Francisco-based artificial intelligence (AI) startup, as major technology firms continue to vie for dominance in the generative AI sector.

This latest investment will bring Amazon’s total funding in Anthropic, which began last year, to $8 billion. Despite the substantial financial backing, Anthropic has clarified that Amazon will retain its position as a minority investor. The startup was founded by former leaders of OpenAI, the organisation behind ChatGPT, and has quickly become a key player in the AI industry.