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Amazon invests another $2.75B in Anthropic — reportedly ‘largest’ in company history

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Amazon invests another $2.75B in Anthropic — reportedly ‘largest’ in company history

Image credit: VentureBeat made with Midjourney V6. Article by Carl Franzen. VentureBeat – March 27, 2024.

We previously reported on the news of e-commerce and cloud computing giant Amazon’s plan to invest $4 billion in OpenAI rival Anthropic. Today, Amazon announced it has finalized that investment at the full planned amount, putting in another $2.75 billion atop the $1.25 billion it originally committed last year. According to CNBC, it is Amazon’s “largest venture investment yet.” […]

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