Investment in start up

Amazon — The e-commerce giant popped 3% after the company agreed to invest up to $25 billion in Anthropic as part of an expanded agreement to build out AI infrastructure. This comes on top of the $8 billion Apple has already invested in the artificial intelligence startup in recent years. In turn, Anthropic said in the Monday announcement that it's committed to spending more than $100 billion on Amazon Web Services technologies over the next 10 years.