Market
AI Weekly: Amazon deepens Anthropic ties, VW fights back in China
YahooApr 22, 2026

STORY: From Amazon deepening ties with Anthropic to Volkswagen trying to fight back in China, this is AI Weekly:: AI WeeklyAmazon said it will invest up to $25 billion in Anthropic.That's as the AI startup committed to spending more than $100 billion over the next 10 years on Amazon's cloud technologies.The deal deepens the two firms' relationship as Anthropic rushes to secure capacity to bolster its models.Tech billionaire Elon Musk on Monday did not appear at a summons for questioning in a French probe into X and its AI chatbot, Grok.The investigation is over alleged abuse of algorithms and fraudulent data extraction, the Paris prosecutor's office said.The probe has been expanded in past months to include suspected complicity in the distribution of child pornography and the creation of sexual deepfakes by Grok.Volkswagen Group plans to equip new cars built for China with AI "agents" from the second half of this year, it said on Tuesday.It’s a move to compete with Chinese rivals, which have been grabbing market share.They are seen to have moved faster on electrification and digital tech, while also beating European brands on price.:: TSMCTSMC, the world's biggest contract manufacturer of advanced AI chips raised it annual revenue forecast as it tries to meet massive demand for its products.The bullish outlook comes after the company - a major Nvidia supplier - said first-quarter profit leapt 58% to a record $18.2 billion.The tech giant further said it's stepping up capital spending this year.Social media firm Myseum announced it will convert to an AI company.The company said it will, "integrate privacy-focused AI into its secure messaging and social media platforms."It comes on the heels of sneaker company Allbirds announcing a pivot of its business to AI infrastructure.Its shares skyrocketing as much as 872% last week after the announcement.