July 10 (Reuters) - Amazon ( AMZN ) is considering
another multibillion-dollar investment in AI firm Anthropic to
strengthen their strategic partnership, the Financial Times
reported on Thursday, citing people with knowledge of the talks.
The e-commerce giant has considered expanding its investment
beyond the $8 billion already committed in November last year,
the report said.
Anthropic declined to comment on the report and Amazon ( AMZN )
didn't immediately respond to a Reuters request for comment.
Reuters couldn't immediately verify the report.
Amazon ( AMZN ) pumped $4 billion into OpenAI competitor Anthropic in
November last year in a bid to capitalize on the generative
artificial intelligence technology. The move doubled Amazon's ( AMZN )
investment in the firm.
The investment under consideration will help Amazon ( AMZN ) retain
its position as one of Anthropic's largest shareholders, ahead
of Google which has invested over $3 billion, FT said.
"We quickly realised that we had many shared goals that were
fundamentally critical. The size of the (existing investment)
represents our ambition," Dan Grossman, vice-president of
worldwide corporate development at Amazon ( AMZN ) told the newspaper.
Amazon ( AMZN ) is working to bolster its reputation in AI
development, after rivals such as OpenAI and Google have taken
an early lead, particularly with consumer-focused models.
Companies are also bolstering investments in AI and
employing creative techniques to hire top AI talent.