Amazon to invest up to $4 billion in AI startup Anthropic

Variety and Tech
25-09-2023 | 03:29
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
Amazon to invest up to $4 billion in AI startup Anthropic
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
Amazon to invest up to $4 billion in AI startup Anthropic

Amazon has agreed to invest up to $4 billion in the AI startup Anthropic, the two firms said, as the e-commerce group steps up its rivalry against Microsoft, Meta, Google and Nvidia in the fast-growing sector that many technologists believe could be the next great frontier.

The e-commerce group said it will initially invest $1.25 billion for a minority stake in Anthropic, which like Google’s Bard and Microsoft-backed OpenAI also operates an AI-powered, text analyzing chatbot. As part of the deal, Amazon said it has an option to increase its investment in Anthropic to a total of $4 billion.

Read more on:
https://techcrunch.com/2023/09/25/amazon-to-invest-up-to-4-billion-in-ai-startup-anthropic/
 

Variety and Tech

Amazon

AI

Startup

Anthropic

Microsoft

Meta

Google

Nvidia

LBCI Next
World has 'lost a giant' with Armani's death: Donatella Versace
Recommended For You
d-none hideMe
LBCI
World News
2025-12-12

US regulator grants crypto firms initial approval to launch trust banks

LBCI
Variety and Tech
2025-12-11

Disney strikes 3-year deal for character content on OpenAI video platform

LBCI
Variety and Tech
2025-12-11

Time magazine names 'Architects of AI' as Person of the Year

LBCI
Variety and Tech
2025-12-09

Australia launches world-first social media ban for under-16s

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
Lebanon News
2025-12-13

Lebanese lawmaker Ghassan Skaf passes away

LBCI
Middle East News
2025-10-23

Hamas, Fatah delegations meet in Cairo to discuss post-war Gaza: Egyptian TV

LBCI
Lebanon News
05:35

Israeli strike in South Lebanon's Yater kills one, wounds another

LBCI
Israel-Gaza War Updates
2025-10-06

Families hold moment of silence for October 7 victims at Israel festival site

Videos
d-none hideMe
LBCI
Lebanon News
2025-12-02

Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)

LBCI
Lebanon News
2025-12-02

At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)

LBCI
Lebanon News
2025-12-02

At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)

LBCI
Lebanon News
2025-12-02

Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video

LBCI
Lebanon News
2025-12-01

Pope Leo XIV tells Lebanese youth Lebanon’s future ‘is in your hands’; watch full speech here

LBCI
Lebanon News
2025-12-01

Pope Leo XIV moved by youth turnout in Bkerke: Video

LBCI
Middle East News
2025-11-27

Pope Leo leaves for Istanbul—Video

LBCI
Middle East News
2025-11-27

Pope Leo arrives at Turkey's Presidential Palace—Video

LBCI
Middle East News
2025-11-27

Pope Leo visits Mustafa Kemal Ataturk's mausoleum—Video

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
News Bulletin Reports
13:05

Yanouh operation raises tensions in Lebanon’s south, draws Israeli warning and army action

LBCI
Lebanon News
11:38

Israeli army temporarily suspends strike on Yanouh building

LBCI
News Bulletin Reports
13:00

23 Lebanese prisoners, 42 missing: How will Lebanon respond to the latest detainees’ list?

LBCI
News Bulletin Reports
12:45

From Syria to Lebanon and Gaza: Far-right groups push stretches across regional borders

LBCI
Lebanon News
06:20

Lebanese Army says inspection averted Israeli threat to strike southern town of Yanouh

LBCI
Lebanon News
05:35

Israeli strike in South Lebanon's Yater kills one, wounds another

LBCI
Lebanon News
07:37

Lebanese President condemns Sydney attack

LBCI
World News
05:17

Ten killed in Australia Bondi Beach shooting on Jewish holiday, two in custody

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More