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Amazon has become the latest tech giant to enter the AI arms race by investing billions into the start-up behind a popular chatbot, Anthropic. The online shopping firm will initially invest over €1bn for a minority stake in the AI safety and research company, with an option later to increase the cash injection to the full sum of €3.8bn. Amazon will use its cloud computing system Amazon Web Services (AWS) and AI computer chips to create Anthropic’s programs. This investment comes amid a fierce battle between some of the world’s biggest tech companies as they scramble to lead the booming market for AI.