Categories: Top Stories

Amazon to invest up to $25 billion in Anthropic: What CEO Andy Jassy has to say

Amazon is significantly expanding its partnership with AI startup Anthropic, announcing plans to invest up to $25 billion. This includes an initial $5 billion, with an additional $20 billion tied to milestones. Anthropic will commit over $100 billion to Amazon Web Services (AWS) over the next decade, underscoring the intense competition among cloud providers in the generative AI race.

The News Vista

Share
Published by
The News Vista

Recent Posts

Seychelles island restoration grew sooty tern colony from 20,000 to 700,000

Once threatened by severe ecological decline, Bird Island has transformed into a remarkable conservation achievement.…

2 hours ago

‘Violation of High Court order won’t be tolerated’: Agnimitra Paul reacts after FIR against Mamata Banerjee

An FIR was filed against Mamata Banerjee for allegedly violating a court order. The case…

2 hours ago

Hyderabad horror: 21-year-old nurse found dead with bleeding injuries on her face

The deceased has been identified as Vuke Shirisha, who was working as a nurse at…

2 hours ago

Iran war creates two front defence dilemma for US against China and Russia

The ongoing conflict in the Middle East has severely depleted US missile and air-defense stockpiles,…

2 hours ago

Bullion watch: What will shape gold, silver prices? Fed bets, US jobs data in focus

Throughout September, gold and silver prices are likely to remain under pressure. Critical influences on…

2 hours ago

Iowa plant turns retired wind turbine blades into fibres and powders for roads

Regen Fiber has opened a wind turbine blade recycling facility in Fairfax, Iowa, using an…

2 hours ago