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. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Nicholas Jacobino
Amazon.com improved its AI positioning through tis $4 billion investment into the startup Anthropic, according to an analyst.
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