Since last September, the tech giant has pumped $8 billion into the artificial intelligence start-up, a sign of intense competition in developing tools that are reshaping the tech sector.

Amazon is investing an additional $4 billion in Anthropic, doubling its investment in the artificial-intelligence startup as it aims to compete in the AI arms race. Amazon is a minority owner of San Francisco-based Anthropic,

Amazon.com Inc. is investing an additional $4 billion in artificial intelligence startup Anthropic, boosting its stake in one of OpenAI’s chief rivals.

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Artificial intelligence firm Anthropic has been very successful at raising money from tech giants. Amazon included.

Amazon is set to invest an additional $4 billion in the artificial intelligence startup Anthropic, bringing its total investment in the company to $8 billion.

Amazon deepens its commitment to AI by investing $4 billion in Anthropic, bolstering innovation and ethical advancements in artificial intelligence technologies.

AI business Anthropic, which was created by former OpenAI research leaders, has received an extra $4 billion investment from Amazon.

Amazon, the renowned American e-commerce company, announced a significant USD4 billion investment in the artificial intelligence (AI) firm Anthropic on Friday, highlighting a strategic partnership between the two entities.