Amazon bets up to $4 billion on AI startup Anthropic in race with Microsoft, Google

Amazon is investing up to $4 billion in Anthropic and taking a minority stake in the AI startup.
The collaboration aims to advance foundation models for generative AI capabilities like text, image, and video generation.
Anthropic will utilize Amazon's cloud computing, data centers, and custom AI chips to develop its models.
Microsoft and Google have also invested billions in AI startups as companies compete to lead innovations.
Anthropic's initial focus is on safer AI models, but full implications of rapid AI progress remain uncertain.