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Continue Reading(Reuters) -Amazon.com pumped in an additional $4 billion into artificial intelligence startup Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalize on generative AI technology. This doubles Amazon's investment in the firm known for its GenAI chatbot Claude, but it remains a minority investor, the startup said on Friday. Amazon will also be Anthropic's main training partner for AI models...
Continue ReadingAmazon will maintain its position as a minority investor, the company said. Its AWS unit will also be Anthropic's official cloud provider. Anthropic also said it is working with AWS' Annapurna Labs on the development of future generations of Amazon's Trainium chips and plans to train its foundational models on the hardware...
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Continue ReadingAn inquiry group setup by the U.K.'s antitrust authority has provisionally found that Apple’s policies are "holding back innovation in the browsers we use to access the web on mobile phones." While the report focuses substantively on Apple, it also highlighted a revenue-sharing agreement with Google, noting that the duo "earn significant revenue" when Google Chrome is used on iOS, which reduces their "financial incentives to compete." The announcement comes in the same week as the Department of...
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