Amazon adds $2.75 billion to its investment in AI startup Anthropic.

Amazon announced that it has added a $2.75 billion investment in Anthropic, an artificial intelligence (AI) start-up, which is the largest single venture investment amount in Amazon’s history.

Previously, Amazon’s initial investment in Anthropic was $1.25 billion.

It is reported that Amazon will hold a minority stake in Anthropic and will not have a seat on Anthropic’s board of directors. The deal was reached based on Anthropic’s latest valuation of $18.4 billion.

Headquartered in San Francisco, USA, Anthropic is regarded as a leader in the field of generative AI. Its base model and chatbot Claude are competing with OpenAI and ChatGPT.

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