Amazon invests additional $2.75B into AI startup Anthropic

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Amazon (AMZN) has announced it will invest another $2.75 billion into generative AI startup Anthropic. This will conclude its initially promised $4 billion investment in the company. Amazon will maintain a minority stake in Anthropic without a board seat. Yahoo Finance Tech Editor Dan Howley joins Market Domination to break down the latest developments for Amazon and Anthropic as other tech competitors form AI alliances. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance #amazon #ai #yahoofinance

Published 2024-03-27 · Watch on YouTube ↗
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