Amazon.com, Inc. AMZN reportedly considering its second multibillion-dollar investment in artificial intelligence startup Anthropicwhich leverages its cloud services for training.
What happened: Following his initial investment of $4 billion last year, the e-commerce giant is now considering investing in the startup co-founded by former OpenAI executives Dario And Daniela Amodei, reported The Information, citing a person familiar with the discussion.
THE Andy JassyThe Anthropic-led company has reportedly asked to use a significant number of servers powered by chips developed by the cloud computing giant.
However, Anthropic would prefer to use Amazon servers powered by NVIDIA Company NVDA designed AI chips.
Last year, Anthropic also secured a $500 million investment from Alphabet Inc. GOOG GOOGLEwhich has committed to investing an additional $1.5 billion over time.
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Why it’s important: Initial of Amazon An investment of 4 billion dollars in Anthropic has come under scrutiny from UK regulators for anti-competitive reasons.
Last month, British antitrust authorities also launched an investigation into whether Alphabet Inc.’s investment in AI startup Anthropic could stifle competition.
Meanwhile, AI startups are attracting significant investment. OpenAI valuation climbed to $157 billion following a round table.
Perplexitybacked by Amazon founder Jeff Bezoswould also have seen its valuation triple to reach 9 billion dollars for its fourth financing round.
Price action: Amazon shares closed Thursday’s session up 1.48% at $210.16. After hours, shares of the tech giant rose slightly again, reaching $210.27 at the time of writing, according to Benzinga Pro data.
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