In a bid to bolster its position in the artificial intelligence (AI) race, Amazon.com Inc. (NASDAQ:AMZN) has announced another round of substantial investment in Anthropic, a leading AI startup. What Happened: On Wednesday, Amazon announced that additional investment of $2.75 billion in Anthropic, a San Francisco-based AI startup. This investment follows an initial $1.25 billion investment made by Amazon in September, bringing Amazon’s total investment in Anthropic to $4 billion. “Anthropic’s visionary work with generative AI, most recently the introduction of its state-of-the art Claude 3 fam…
