Amazon has announced an additional investment of $2.75 billion in the artificial intelligence startup Anthropic, bringing its total investment in the company to $4 billion. This investment gives Amazon a minority stake in Anthropic, a San Francisco-based company that is a rival to OpenAI, the maker of the popular chatbot ChatGPT.
The investment is part of Amazon’s strategic collaboration with Anthropic to improve customer experiences through generative AI, which is considered to be one of the most transformational technologies of our time. As part of the deal, Anthropic will use Amazon Web Services (AWS) as its primary cloud provider and Amazon’s custom chips to build, train, and deploy AI models. Anthropic will also provide AWS customers with access to models on an Amazon service called Bedrock.
Companies like Delta Air Lines and Siemens are already using Bedrock to access Anthropic’s AI models. This investment is the latest example of how Big Tech companies are investing in artificial intelligence startups amid growing public and business interest in the technology. Amazon’s initial investment in Anthropic was $1.25 billion, and the company had indicated plans to invest up to $4 billion. The two companies are collaborating to develop foundation models, which underpin the generative AI systems that have captured global attention.
read more > www.nytimes.com