Amazon Invests $2.75 Billion More in AI Startup Anthropic.

Amazon has invested an additional $2.75 billion in the artificial intelligence (AI) startup Anthropic, bringing its total investment in the company to $4 billion. This marks Amazon's largest investment in another company to date. The investment is part of the ongoing AI arms race between tech giants like Amazon, Microsoft, and Google. Anthropic offers an AI assistant called Claude that competes with OpenAI's ChatGPT. The investments in AI startups can be lucrative for tech companies, as they charge the startups for using their cloud-computing services. The Federal Trade Commission is currently investigating these investments and partnerships made by major technology companies. [Extracted from the article]