Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties

Since last September, the tech giant has pumped $8 billion into the artificial intelligence start-up, a sign of intense competition in developing tools that are reshaping the tech sector.

Business - The New York Times - 11 hours ago

Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives.

Business - CNBC - Yesterday

Amazon Invests an Additional $4 Billion in Anthropic, an OpenAI Rival

The tech giant doubles its investment in the startup as it aims to compete in the AI arms race.

Tech - The Wall Street Journal - Yesterday

Amazon to invest an additional $4 billion in AI startup Anthropic

Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI

Tech - ABC News - 23 hours ago

Amazon Just Invested Another $4 Billion in AI Startup Anthropic

The shopping and computing giant is literally doubling down on enterprise AI.

Business - Inc. - Yesterday

Amazon investing more in Anthropic, ChatGPT's competitor

Amazon has announced a $4 billion investment in Anthropic, one of OpenAI's main competitors. CBS News contributor JD Durkin has more on the brands trying to compete with the popular ChatGPT ...

Amazon doubles down on AI startup Anthropic with $4bn investment

Amazon’s total investment in the AI company now totals $8bn, with its AWS unit as Anthropic’s cloud provider. The artificial intelligence startup Anthropic said on Friday it had raised an ...

World - The Guardian - Yesterday

Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance

The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.

Business - The Wall Street Journal - 4 days ago

Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance

The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.

Tech - The Wall Street Journal - 4 days ago

Anthropic, Amazon, and Palantir Team Up to Bring AI to the Defense Department

Government workers will be able to sift through classified information up to the ‘secret’ level using AI.

Business - Inc. - November 8

Amazon pumps another $4bn into AI start-up Anthropic

Tech group doubles total investment to $8bn as generative artificial intelligence race intensifies

Business - Financial Times - Yesterday

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - October 31

Amazon doubles down on Anthropic, positioning itself as a key player in the AI arms race

Amazon strengthens its position in the AI race with an additional $4 billion investment in Anthropic, committing to custom silicon and cloud dominance to compete with Microsoft and Google.

Tech - VentureBeat - 17 hours ago

Morgan Stanley is launching an investing index tied to sports leagues

Sports have proven to be an attractive and growing asset class as valuations have skyrocketed over the past decade.

Business - CNBC - October 31

4 big gold investing mistakes to avoid this November

Don't let the rising price of gold lead you to make one of these four costly mistakes.

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates

Tech - ABC News - October 31

Amazon Is Phasing Out Its Freevee Streaming Service

Its shows have moved to Amazon Prime, where they will remain free.

Business - The New York Times - November 14

Meta Permits Its A.I. Models to Be Used for U.S. Military Purposes

The shift in policy, covering government agencies and contractors working on national security, is intended to promote “responsible and ethical” innovations, the company said.

Tech - The New York Times - November 5

Biden to unveil $3 billion investment in U.S. ports in Baltimore

President Biden will announce initiative to modernize ports across the U.S. and improve working conditions for dockworkers.

Brazil development bank signs deal with AIIB for nearly $3 billion in investments

World - Yahoo News - 5 days ago

Cyprus is committed to expanding defense ties with the US, says its president

The president of Cyprus says his administration is committed to expanding defense and security cooperation with the U_S_ as his meeting with the American President Joe Biden last week charted a ...

World - ABC News - November 3

UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

World - ABC News - October 30

UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

Business - The New York Times - October 30

Amazon plans to shut down Freevee, its no-cost streaming service

Amazon will phase out its streaming service Freevee, the company confirmed. The free, ad-supported service was the original home for the series 'Jury Duty.'

Entertainment - Los Angeles Times - November 13

Tencent challenges Amazon and Microsoft's cloud dominance by tapping into its WeChat ecosystem

Tencent Cloud is increasingly leveraging the WeChat ecosystem to set itself apart from competitors, CEO Dowson Tong said.

Business - CNBC - 5 days ago

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.

Business - CNBC - November 1

The Conservatives’ deepening turn to the right

Kemi Badenoch’s task is to restore the party’s appeal to Britain at large

Business - Financial Times - November 3

Germany’s deepening political crisis

Chancellor Scholz’s three-party coalition government has fallen apart

Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%

Ford Motor Co. reported earnings late Monday, but investors looked past a beat.

Business - MarketWatch - October 28

‘DJT’ stock’s tripling in October is adding $4 billion to Trump’s coffers

The value of Trump’s stake in Trump Media has increased by about $4 billion in October, as investors are betting heavily that he’ll win next week’s presidential election.

Business - MarketWatch - October 29

This $4 Billion Mall Deal Could Hit Retailers With Higher Rents

The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.

Business - Inc. - November 8

Vietnam waits for major upgrade to its $200 billion stock market

Vietnam's chip capabilities have it competing against near neighbor Malaysia, attracting global semiconductor firms.

Business - CNBC - October 28

Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever

The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.

Tech - The New York Times - October 31

Hertz booked a $1 billion charge as the value of its cars dropped

Hertz’s stock slips, but bounces sharply off earlier lows, as $1 billion write-off of car values reflects acceleration of fleet rotation.

Business - MarketWatch - November 12

MicroStrategy’s stock surges on $4.6 billion bitcoin buy

MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.

Business - MarketWatch - 4 days ago

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...

World - ABC News - October 30

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