The tech giant doubles its investment in the startup as it aims to compete in the AI arms race.
Stocks like AMZN, TPR, CASY and ANF are poised to benefit during the holiday season.
Amazon will invest another $4 billion in Anthropic, the startup behind the Claude chatbot and AI platform, bringing its total investment to $8 billion under an expanded partnership between the compani
Artificial intelligence startup Anthropic said on Friday it has raised an additional $4 billion investment from Amazon.com , and made the tech giant's AWS unit its official cloud partner.
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new funding brings the tech giant's
Anthropic, OpenAI's close rival, has raised an additional $4 billion from Amazon, and has agreed to make Amazon Web Services (AWS), Amazon's cloud computing division, the primary place it'll train its
Amazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos has denied claims from Tesla Inc (NASDAQ:TSLA) CEO Elon Musk that he believed President-Elect Donald Trump would lose the election and he told people to

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Billionaire Philippe Laffont Sold Millions of Shares of Nvidia and Meta Platforms and Is Piling Into 4 Other "Magnificent Seven" Stocks Instead
A rebounding economy and strong growth should help drive this tech titan to new heights.
Amazon's Latest Move Puts It Head to Head Against Temu and Shein
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the “Greed” zone on Thursday.
With Nvidia's release out of the way, the Q3 cycle for the Mag 7 group has ended. The group overall posted strong growth, though Amazon and Tesla were among the few to see post-earnings momentum.
European regulators are reportedly set to investigate whether Amazon's marketplace favors its branded products. The European Union (EU) investigation is “likely” to come next year, Reuters reporte
As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as formidab
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