scorecardresearch
Friday, November 8, 2024
Support Our Journalism
HomeTechAmazon.com mulls new multi-billion dollar investment in Anthropic, the Information reports

Amazon.com mulls new multi-billion dollar investment in Anthropic, the Information reports

Follow Us :
Text Size:

(Reuters) -Amazon is in talks for its second multi-billion dollar investment in artificial intelligence startup Anthropic, the Information reported on Thursday, citing a person familiar with the matter.

The cloud services giant announced an investment of $4 billion in the OpenAI rival in September last year, saying its customers would gain early access to Anthropic’s technology.

Amazon has asked Anthropic, which uses Amazon’s cloud services to train its AI model, to use a large number of servers powered by chips developed by the cloud computing major, the report said.

It added that the AI startup prefers to use Amazon servers powered by Nvidia-designed AI chips.

Amazon did not immediately respond to a Reuters request for comment, while Anthropic declined comment.

Anthropic, which was co-founded by former OpenAI executives and siblings Dario and Daniela Amodei, last year said it had secured a $500 million investment from Google-parent Alphabet, which promised to invest another $1.5 billion over time.

(Reporting by Akash Sriram in Bengaluru; editing by Alan Barona)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular