Amazon Boosts AI Presence with $2.75B Anthropic Investment and Expanded AWS Credits

Amazon has recently intensified its involvement in the artificial intelligence (AI) sector with two major initiatives. Firstly, the company completed a significant investment of $2.75 billion into Anthropic, as part of a planned $4 billion deal. This move is seen as part of a broader AI arms race among big tech companies. Secondly, Amazon Web Services (AWS) has expanded its free credits program for startups. This program now covers the costs of using major AI models, including those developed by Anthropic and other providers like Meta. The expansion aims to encourage startups to use AWS for their AI needs, potentially increasing Amazon's market share in the AI domain. The initiatives reflect Amazon's strategic push into AI, leveraging both financial investment and service offerings to compete in the rapidly evolving tech landscape.