Amazon to invest as much as $4 billion in ChatGPT rival AI startup

Amazon has plans to invest as much as $4 billion in a generative artificial intelligence startup called Anthropic, which promises to rival ChatGPT, in the e-commerce behemoth’s latest move to get a leg up in the AI space.

“As part of the investment, Amazon will take a minority stake in Anthropic,” the startup revealed in a series of tweets on X/Twitter on Monday.

Anthropic also shared that the agreement will see the San Francisco-based company gaining access to Amazon Web Services’ data centers and homegrown chips to train its language models and power other applications.

AWS is the world’s largest seller of on-demand cloud computing platforms and data storage, with over 100 physical data centers globally.