Amazon is investing up to $4 billion in Anthropic and taking a minority stake in the artificial intelligence startup, the two companies said Monday.
The investment underscores how Big Tech companies are pouring money into AI as they race to capitalize on the opportunities that the latest generation of the technology is set to fuel.
Foundation models, also known as large language models, are trained on vast pools of online information, like blog posts, digital books, scientific articles and pop songs to generate text, images and video that resemble human work. San Francisco-based Anthropic was founded by former staffers from OpenAI, the maker of the ChatGPT AI chatbot that made a global splash with its ability to come up with answers mimicking human responses.
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Amazon invests $4 billion Anthropic AI startupThe deal will allow Anthropic access to Amazon cloud services Trainium and Interentia chips while offering “enhanced support” for Amazon Bedrock which produces foundation models for businesses.
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Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battleAmazon is scrambling to catch up with rivals like Microsoft, which invested $1 billion in OpenAI in 2019, followed by another multibillion-dollar investment at the start of year.
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Amazon to invest up to $4 billion in AI startup Anthropic and become minority shareholderAmazon is aiming to accelerate the development of its future foundation models and make them accessible to customers of its cloud business, AWS.
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Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battleAmazon is investing up to $4 billion in artificial intelligence startup Anthropic and taking a minority stake in the company.
Weiterlesen »
Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battleAmazon is investing up to $4 billion in artificial intelligence startup Anthropic and taking a minority stake in the company.
Weiterlesen »