What Amazon's up to $4B commitment to Anthropic could mean for AI space

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Amazon (AMZN) has made an investment in the AI firm Anthropic, announcing their willingness to commit up to $4 billion this morning. Anthropic will utilize Amazon's Web Services (AWS) along with their custom chips to facilitate the training and deployment of their AI models. SmartEye Deputy CEO, Dr. Rana el Kaliouby, sees this as a beneficial move for both Anthropic and Amazon, highlighting how it allows Amazon Web Services to partner with other companies and introduce Anthropic's technology to those already using Amazon's data services. 'Amazon, like many other companies, was caught flat-footed by the release of ChatGPT back in November', Chris Callison-Burch, Associate Professor at the University of Pennsylvania’s School of Engineering, tells Yahoo Finance on AI investment trends, adding: 'But, I think this is a really excellent strategic move that will help them catch up.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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Mitchell Levine and his wife considered themselves loyal Lexus customers, even after they lost two vehicles, including a Lexus, to thieves within the past 16 months. So when they visited Ken Shaw Toyota last July, the couple say they told the sales person they wanted to ad"This is a hemispheric problem, and you have a hemispheric shift moving northward right now," Johnson told MSNBC of the migrant crisis on Monday.

 

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