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Amazon to invest up to $4 billion in AI startup Anthropic in GenAI era
Credit: DNA- Published on September 25, 2023
Anthropic will use Amazon Web Services (AWS) Trainium and Inferentia chips to build, train, and deploy its future foundation models, benefitting from the price, performance, scale, and security of AWS.
Video credit: Wibbitz Top Stories
Published on September 25, 2023 - 01:30
Amazon to Invest in OpenAI Rival Anthropic
Amazon to Invest , in OpenAI Rival Anthropic.
On Sept. 25, Amazon announced
that it will invest as much as $4 billion
into the AI startup, The Verge reports. .
Anthropic was founded by siblings and former OpenAI employees Dario and Daniela Amodei. .
The company is "best known for its
Claude chatbot," The Verge reports.
While the deal hardly holds a candle to the
$13 billion that Microsoft has put into OpenAI so far, .
it is significant because it positions
Amazon within the emerging AI race.
Anthropic's chatbot operates in a similar manor as ChatGPT and Bard, but the
company claims it is safer and more reliable.
Anthropic's chatbot operates in a similar manor as ChatGPT and Bard, but the
company claims it is safer and more reliable.
This is reportedly due to Claude's
ability to autonomously revise responses instead of depending on humans.
The chatbot also has the ability to interpret larger prompts, which is helpful when examining longer documents.
The deal will grant Amazon minority ownership of Anthropic. .
The company's technology will
be incorporated into various
Amazon products and applications. .
Google also has a 10% stake in the company,
which will not be affected by the deal with Amazon.
Anthropic intends to pursue its partnerships with both companies, independent of each other, The Verge reports.
Anthropic intends to pursue its partnerships with both companies, independent of each other, The Verge reports