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Browsing: stake

Amazon adds $2.75 billion to its stake in Anthropic

By KnowledgeHippoMarch 27, 2024

Amazon announced Wednesday that it has added $2.75 billion to its investment in Anthropic, a start-up that competes with the…

Musk is demanding a bigger stake in Tesla as price for the AI work

By KnowledgeHippoFebruary 5, 2024

Elon Musk, the chief executive of Tesla, has stunned investors by demanding that the company’s board of directors give him…