Amazon invests in one of the 'most-valued' AI startups, and why it may be good news for tech industry

Amazon has announced a $4 billion investment in AI startup Anthropic. The move is part of the race among tech giants to benefit from AI breakthroughs. Anthropic is known for its AI-powered chatbot and is considered one of the most promising startups in the field. Amazon aims to keep up with rivals Microsoft and Google, who have also invested heavily in AI. The investment will give Amazon's employees and cloud customers early access to Anthropic's technology. Anthropic will primarily rely on Amazon's cloud services and use their computer chips for training AI models.

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