Amazon injects R52 billion more into former OpenAI staff’s startup

The additional funding will bring Amazon’s total investment in Anthropic, a well-regarded builder of AI tools able to generate text and analysis, to $4 billion (R75.7 billion).

Amazon.com Inc. says it’s investing an additional $2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence startup and expand a partnership between the companies.

As part of the tie-up, Anthropic has also agreed to use Amazon Web Services data centres to power some of its operations, and to use Amazon’s custom-built computer chips. The company has since become one of OpenAI’s most formidable competitors, raising billions in funding. Most of its customers are businesses, ranging from search engine DuckDuckGo to travel guide publisher Lonely Planet.

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