June 15, 2026
Seattle-based Amazon will invest $5 billion in Anthropic now, and an additional $20 billion in the future, subject to certain commercial milestones
It did not provide a reason for the connectivity issues at its Bahrain data centre
The online retailer benefited as businesses continue to spend relentlessly on artificial intelligence software development
The technology giant reported a record capital expenditure of nearly $35 billion for its fiscal first quarter and warned spending would rise this year
This underscores Big Tech's commitment to making hefty investments to support booming generative AI technology