Tech

TechCrunch Minute: Amazon bets $4B on Anthropic’s success

The current wave of AI is a never-ending barrage of news. To understand what I mean, ask yourself how much time you spent considering that Amazon invested another $2.75 billion in Anthropic AI last week. RIGHT?

We are used to the influx of capital that is now common in the AI ​​sector, although the figures published in the newspapers are getting even higher. Sure, Amazon is pumping money into Anthropic, but single-digit billions are just chump change compared to what some companies have planned. Hell, even small tech companies – compared to true giants – spend to stay ahead.

As we digest the latest from Amazon, let’s take a quick look back at some of the biggest AI cycles of the past few quarters and ask ourselves why we’re big tech bodies busy with our checkbooks.

techcrunch

Back to top button