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MarketBeat
MarketBeat
Business
Chris Markoch

Anthropic Just Became AI’s Hottest Ticket—Backed by Microsoft and NVIDIA

Before NVIDIA Corp. (NASDAQ: NVDA) reported earnings on Nov. 19, the company got some bullish news. Anthropic, the host of the Claude AI large language model (LLM), announced it would commit $30 billion to use Microsoft’s (NASDAQ: MSFT) Azure cloud services.

Here’s a quick breakdown of what each company gets out of the deal:

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