Google, Amazon Pour Billions into AI Startup Anthropic, Raising Antitrust Concerns
Summary
Google and Amazon are pouring billions into AI startup Anthropic, with Google owning a 14% stake and committing over $3 billion, while Amazon has agreed to invest up to $8 billion, raising antitrust concerns about the startup's independence from Big Tech.
Key Points
- Google owns a 14% stake in AI startup Anthropic and is set to invest another $750 million this year, bringing its total investment to over $3 billion.
- Amazon has also agreed to invest up to $8 billion in Anthropic, raising questions about the startup's independence from Big Tech companies.
- Despite backing from tech giants, Anthropic is still considered an independent player in the AI race, though regulators are scrutinizing such deals for potential unfair advantages.