Amazon Invests $4 billion on AI Startup Anthropic

03 April 2024
GeoSpatial World

AI Generated Summary

Amazon has invested a total of $4 billion in San Francisco-based startup, Andropic, a leader in regenerative artificial intelligence.

This is the largest venture investment Amazon has ever made, and aims to enhance the company’s position in the field of Artificial Intelligence.

The initial $1.25 billion investment was made in September, with the possibility of an additional $4 billion.