Anthropic chief executive Dario Amodei
Audio By Carbonatix
Amazon said on Monday that Anthropic will spend more than $100 billion over the next 10 years on its cloud technologies, deepening its relationship as the AI startup rushes to secure capacity to bolster its models.
Amazon will also invest $5 billion in Anthropic now, and an additional $20 billion in the future, subject to certain commercial milestones. This is in addition to the $8 billion Amazon has previously invested in the company.
Anthropic is aiming to pull ahead in the AI race with a slew of model releases focused on coding and design, while Amazon seeks customers for its custom silicon chips built for artificial intelligence training and inference.
Amazon shares rose around 2.5% in extended trading.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Outstanding challenges in school placement will be addressed before schools reopen – Education Minister
2 hours -
Akufo-Addo to attend NPP National Delegates Conference as party begins rebuilding process
2 hours -
GRA questions GH¢79.65m Servestar Minwax claim, seeks independent audit
2 hours -
PROTOA sets September 21 for indefinite strike over rising transport costs
2 hours -
NPP must unite and rebuild for 2028 – Akufo-Addo
2 hours -
Ex-convict arrested for allegedly posing as soldier and extorting residents in Ashaiman
2 hours -
Diesel could hit GH¢28 without government support – NPA CEO
2 hours -
Four-year water crisis deepens hardship in Agbozume
2 hours -
Denmark, Ghana must deepen green industrial partnership
2 hours -
LEAP new grant rates take effect this month, says Gender Minister
2 hours -
Ghana shifts from advocacy to enforcement on gender equity, disability inclusion
2 hours -
Ho West communities benefit from 2026 big push rural electrification
3 hours -
Dorcas Afo-Toffey pledges to sustain SHS scholarship support in Jomoro
3 hours -
Afo-Toffey Supports 1,000 Jomoro SHS freshers with educational materials
3 hours -
Gender Minister hails Ghana School Feeding Programme
3 hours