Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI

Alain Jocard | AFP | Getty Images

E-commerce giant Amazon on Monday said it will invest up to $4 billion in Anthropic and take a minority ownership position in the company.

Anthropic was founded roughly two years ago by former OpenAI research executives, and recently debuted its new AI chatbot called Claude 2.

The two firms said Monday that it was forming a strategic collaboration to advance generative AI, with the startup selecting Amazon Web Services as its primary cloud provider. Anthropic said it will provide AWS customers with early access to unique features for model customization and fine-tuning capabilities.

This is a breaking news story, please check back later for more.

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