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How Amazon Just Killed Its Own $965 Billion AI Investment

How Amazon Just Killed Its Own $965 Billion AI Investment

Amazon invested over $8 billion in Anthropic. Then it helped shut them down. Anthropic was valued at $965 billion and on the verge of a record-breaking IPO. Its newest AI model, Fable 5, was released to the public on June 9. By June 12, it was gone. Amazon CEO Andy Jassy reportedly told Treasury Secretary Scott Bessent that Amazon researchers ...

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