
Amazon.com, Inc. (NASDAQ: AMZN) announced a strategic investment of as much as $4 billion in artificial intelligence (AI) startup Anthropic. The deal underscores how the tech behemoth seeks to unlock the potential of AI across its business.
As part of the deal, Anthropic has agreed to use AWS as its primary cloud partner. Anthropic’s AI assistant, Claude, is a rival of ChatGPT, which boasted 100 million monthly active users in January — just two months after its launch — and attracted a $10 billion multi-year investment from Microsoft Corp (NASDAQ: MSFT).