Artificial Intelligence

Amazon invests additional $2.75bn in Anthropic

Google is also an investor in Anthropic, which is seen as a formidable competitor to ChatGPT parent OpenAI

Anthropic, whose other backers include Google, was founded by former Open AI engineers, who left the company amid differences over the direction of the business

Amazon has invested $2.75 billion in Anthropic, the AI start-up that last week announced plans to open an office in Dublin.

The infusion brings Amazon’s total investment in the company, which is known for its flagship AI assistant Claude, to $4 billion. Amazon previously invested in the company in September and as part of that deal, gained the rights to contribute additional funds in the form of a convertible note, provided it did so before ...