Amazon (AMZN) Considers Additional Investment in Anthropic
Amazon.com, Inc. (NASDAQ:AMZN) is one of the top e-commerce stocks with long-term potential. On July 10, Amazon was reportedly in talks to expand its $8 billion investment in AI firm Anthropic, according to the Financial Times. This potential multibillion-dollar injection would solidify Amazon’s position as a leading shareholder ahead of Google and reinforce its partnership with Anthropic, which includes collaboration on cloud services and major data center projects.
C’s strategy mirrors Microsoft’s high-stakes alignment with OpenAI, though that relationship has faced tension. As the AI race intensifies, Amazon continues to leverage its platform-driven approach and tech infrastructure to challenge rivals like Walmart, who are modernizing through retail-focused innovation and data science.
Amazon.com, Inc. (NASDAQ:AMZN) is a leading U.S.-based technology giant that operates across e-commerce, cloud infrastructure, digital streaming, and artificial intelligence, reshaping how consumers shop, access media, and engage with online services.
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Disclosure: None. This article is originally published at Insider Monkey.
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