Amazon adds $2.75 billion in investment to artificial intelligence startup Aerospace
2024-03-27 16:58:58
On March 28th, Amazon (AMZN. O) is making its largest external investment in its 30-year history, hoping to gain an advantage in the artificial intelligence competition. This technology giant has announced that it will spend an additional $2.75 billion to support artificial intelligence startup Antiopic, and its Foundation model and chatbot Claude can compete with OpenAI and ChatGPT. The two companies announced an initial investment of $1.25 billion in September, when they stated that Amazon would invest up to $4 billion. Wednesday's news marks Amazon's second round of financing. Anthropic previously launched its latest artificial intelligence model, Claude 3, which the company stated is the fastest and most powerful artificial intelligence model to date.
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