The move will put the cloud-computing giant in closer competition with OpenAI and Anthropic.

Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.

There's scarcely a part of the company that is unaffected by AI,” said Vishal Sharma, Amazon’s VP of Artificial General ...

Anthropic said Monday it raised $3.5 billion in its latest funding round, giving the Amazon- and Google-backed AI startup a ...

Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup ...

Amazon is aggressively positioning itself in the AI race by integrating Anthropic’s advanced Claude models into its vast AWS, ...

Amazon-backed AI company Anthropic has raised $3.5 billion in its Series E round with a post-money valuation of $61.5 ...

Reasoning models, which are often slower but can address more complicated tasks, are broadly viewed as a next leap forward in ...

The Series E deal comes less than two months after the company raised $1 billion from Google LLC. Two months before that, ...

Amazon initially backed Anthropic in 2023. The move has reaped huge rewards for the cloud giant.

Rather than measure the funding rounds and valuations of AI startups building foundation models in US dollars, perhaps we ...