Tech giants pour billions into Anthropic as circular AI investments roll on

Microsoft and Nvidia are teaming up to invest billions in Anthropic, with Microsoft committing $5 billion and Nvidia up to $10 billion. This partnership will involve using Microsoft's cloud services and will bring the two companies closer to Anthropic, a competitor of OpenAI. OpenAI, on the other hand, has recently announced a $38 billion deal with Amazon.com for cloud services as it moves away from its non-profit roots. CEO Sam Altman plans to invest $1.4 trillion to develop 30 gigawatts of computing resources.