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 ...

Amazon's upcoming Nova AI model aims to enhance reasoning capabilities, challenging rivals like Anthropic and OpenAI ...

Anthropic co-founders Dario Amodei (left) and Daniela Amodei. (Anthropic Photo) Anthropic is adding more rocket fuel to its ...

Amazon (NASDAQ:AMZN) is making a serious move in the AI race with plans to roll out a new "reasoning" model under its Nova ...

E-commerce giant Amazon is building its own artificial intelligence model that could compete with more established offerings ...

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

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

Anthropic secures $3.5 billion in series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry ...

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