How AI rivals are becoming investors, suppliers and customers to one another | Explained

Image used for representation purpose only. | Photo Credit: Reuters Imagine an Artificial Intelligence (AI) company developing its own models. Amazon invests in the company, provides the computing infrastructure needed to train and run those models, and sells them to its own cloud customers. At the same time, Amazon develops its own AI models, competing with the very company it has invested in.That is not hypothetical. It is how Anthropic, the maker of the Claude family of AI models, describes its business in its latest filing with the US Securities and Exchange Commission (SEC). Published - November 13, 2026 09:19 am IST