Amazon makes new 4 billion investment in Anthropic
Amazon has deepened its collaboration with artificial intelligence developer Anthropic, investing an additional 4 billion in the San Francisco-based company and designating Amazon Web Services (AWS) as the primary partner for model training. The agreement also involves collaboration in the development of the AWS Trainium chip, designed for machine learning. With this new funding, Amazon's total investment in Anthropic rises to £8 billion, maintaining a minority stake. The partnership began in 2023 with an initial £4 billion investment. Anthropic's Claude family of AI assistant models are now available on the AWS Amazon Bedrock platform, used by businesses and institutions for generative AI applications, including chatbots, coding assistants, translation, and drug discovery.
Amazon entrusts 21 Air with US cargo transport
21 Air, a small cargo airline based in Miami, began operating the first of seven Boeing 767-300F aircraft for Amazon on Thursday. Amazon has chosen to replace its long-standing partner, Atlas Air, with other carriers for its domestic air logistics network. The deal involves 21 Air, owned by Houston Astros' proprietor Jim Crane, in partnership with Canadian carrier Cargojet. Amazon has reassigned the seven aircraft, previously operated by Atlas Air, to 21 Air, but will continue to lease them via Titan Aviation, an Atlas affiliate. This move marks the latest chapter in Amazon's separation from Atlas Air, following the transfer of ten other aircraft to ABX Air and the planned reassignment of eight Boeing 737-800s to Sun Country Airlines.
Tanger Med invested €523 million in 2024
In the first nine months of 2024, the Tanger Med Port Authority in Morocco invested €523 million, focusing on road networks, public services, and IT infrastructure. The port handled 103 million tonnes of cargo, recording a 12.5% increase compared to the previous year. Revenue surpassed €288 million, marking an 11% rise compared to the same period in 2023. Tanger Med, managing over 3,000 hectares of economic zones with more than 1,300 companies, continues to be a strategic hub for the automotive, aerospace, textile, and agri-food sectors.
Agreement between Hamburg and Vancouver ports for sustainability
On 7 November, the Hamburg Port Authority and Vancouver Fraser Port Authority signed a memorandum of understanding to strengthen collaboration on strategic topics related to port operations, including decarbonisation, safety, and sustainable cruise management. The agreement aims to foster cooperation in areas such as the use of alternative fuels, digital innovation, and operational optimisation through predictive analytics. It also includes exchanges between staff from both ports to enhance operational management and safety.
