After OpenAI And Perplexity, AI Startup Anthropic Can Secure Another Massive Investment – Amazon Reportedly Considering Bigger Funding – Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)

Amazon.com, Inc. AMZN is reportedly considering its second multibillion-dollar investment in an artificial intelligence startup Anthropicwhich utilizes its cloud services for training.

What happened: After its initial investment of $4 billion last year, the e-commerce giant is now planning investments in the startup co-founded by former OpenAI executives Dario and Daniela Amodei, reported The information, citing a person familiar with the discussion.

The Andy Jassyled company has reportedly asked Anthropic to use a significant number of servers powered by chips developed by the cloud computing giant.

See also: Mark Cuban says he’d buy Rupert Murdoch’s Fox News and Elon Musk’s X, but there are some hurdles: ‘If I had enough… I’d buy it in a heartbeat’

However, Anthropic reportedly prefers to use Amazon servers powered by Nvidia Corporation NVDA designed AI chips.

Last year, Anthropic also secured a $500 million investment from Alphabet Inc. GOOG GOOGLEwhich pledged to invest an additional $1.5 billion over time.

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Why it matters: Amazon’s initial $4 billion investment in Anthropic was scrutinized by UK regulators over anti-competitive concerns.

Last month, British antitrust officials also launched an investigation into whether Alphabet Inc.’s investment in AI startup Anthropic could stifle competition.

Meanwhile, AI startups have attracted significant investment. OpenAI’s valuation rose to $157 billion after a funding round.

Confusionbacked by Amazon’s founder Jeff Bezosthen also reportedly tripled its valuation to $9 billion in its fourth round of funding.

Price action: Amazon stock closed Thursday’s session up 1.48% at $210.16. In after-hours trading, the tech giant’s shares rose slightly further, reaching $210.27 at the time of writing, according to Benzinga Pro data.

Photo: gguy/Shutterstock.com

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Disclaimer: This content was produced in part with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.