Key Points
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Microsoft structured a multi-year, $10 billion investment in OpenAI in early 2023.
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Amazon has invested a total of $8 billion in AI start-up Anthropic since its initial $4 billion investment.
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Meta Platforms made a $14.3 billion investment in start-up Scale AI, moving towards a new AI-focused strategy.
Big tech companies, including Microsoft and Amazon, have heavily invested in artificial intelligence (AI) in recent years. Microsoft invested $10 billion in OpenAI, aiming to integrate its technology into Microsoft Azure, while Amazon has committed a total of $8 billion to Anthropic to enhance its Amazon Web Services (AWS). Meanwhile, Meta has pivoted with a significant $14.3 billion investment in Scale AI to develop its own AI capabilities.
These investments are yielding notable results. Microsoft’s revenues from Azure grew by 33% year-over-year, with AI services contributing 16 percentage points to this growth. Amazon’s adoption of AI through Anthropic has led to a 27% increase in AWS’s annual revenue run rate. Meta’s partnership with Scale AI aims to enhance its ad targeting capabilities, positioning it uniquely in the evolving AI landscape as it develops the Meta Superintelligence Labs.
