Amazon may up its investment in Anthropic — on one condition

Core Insights - Amazon is considering a significant investment in Anthropic, a competitor to OpenAI, with discussions reportedly involving multiple billions of dollars [1] - This potential investment follows a previous $4 billion deal made last year and aims to have Anthropic utilize Amazon-developed silicon on Amazon Web Services for AI training [1] - Anthropic has been projected to incur over $2.7 billion in losses in 2024 as it expands its AI products, indicating a pressing need for new funding [2] Investment Details - The new investment structure is similar to the previous one but includes a requirement for Anthropic to use Amazon's technology [1] - Anthropic is currently valued at approximately $40 billion and has raised a total of $9.7 billion to date, which is nearly half of OpenAI's total funding of $21.9 billion [2]