Amazon made a significant $4 billion investment in Anthropic, an AI company developing large language models to compete with ChatGPT. This investment, announced in September 2023, represents a major move by Amazon to strengthen its position in the rapidly evolving AI market.

Anthropic is known for its focus on developing safe and ethical AI systems. The company’s flagship model, Claude, is designed to be more controllable and transparent than other large language models. With this substantial investment from Amazon, Anthropic is well-positioned to accelerate its research and development efforts in advanced AI technologies.

Additional reading: Pitchbook https://pitchbook.com/news/articles/anthropic-amazon-4-billion-investment