Amazon Just Bet $25 Billion on Anthropic — While Already Backing OpenAI
There’s a saying in venture capital: if you can’t pick the winner, fund the race. Amazon just applied that maxim with a $75 billion budget. Amazon announced it will invest up to $25 billion in Anthropic — the company behind Claude — as part of a sprawling deal committing Anthropic to spending over $100 billion on AWS over the next decade. This comes just two months after Amazon dropped $50 billion on OpenAI’s record-breaking funding round. ...