The Federal Trade Commission (FTC) has announced a sweeping investigation into the artificial intelligence (AI) industry, focusing on the ties between major cloud service providers and AI developers. The FTC will use its 6(b) authority to order companies like Amazon, Alphabet, Microsoft, Anthropic and OpenAI to submit reports and answer questions about their investments and…
All posts tagged Anthropic
Amazon to invest $4 billion in AI startup Anthropic and partner on generative AI
Amazon, the e-commerce giant, announced on Monday that it will invest up to $4 billion in Anthropic, an artificial intelligence startup that specializes in generative AI. Amazon will also take a minority stake in the company and collaborate with it on advancing generative AI technology. Generative AI is a branch of AI that can create…