Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal

Amazon is set to invest a further $4 billion in Anthropic, a San Francisco-based artificial intelligence startup, as major technology firms continue to vie for dominance in the generative AI sector. Under the agreement, Anthropic will designate Amazon Web Services as its principal training partner for developing its foundational AI models—highly advanced systems that power general-purpose AI applications such as ChatGPT and Google Bard. Matt Garman, CEO of AWS, expressed enthusiasm for the collaboration, stating, “We’ve been impressed by Anthropic’s pace of innovation and commitment to responsible development of generative AI, and look forward to deepening our collaboration.” As per AP, the partnership comes amidst heightened regulatory scrutiny of relationships between large technology companies and emerging AI firms. However, Amazon recently received a favourable decision from the UK’s Competition and Markets Authority, which determined that Anthropic's revenue and its combined market share with Amazon in the UK were insufficient to warrant a more extensive investigation under merger regulations.