Amazon Invests Billions in AI Startup Anthropic – Amazon is embarking on a substantial financial commitment, pledging billions of dollars towards AI startup Anthropic in what they’re characterizing as a “strategic partnership aimed at advancing generative AI.” Under this agreement, Amazon has committed to investing a substantial sum, potentially reaching $4 billion, into Anthropic. Furthermore, Amazon will secure a minority stake in the company.
As part of this collaboration, Amazon will also assume the role of the primary cloud services provider for Anthropic, utilizing AWS Trainium and Inferentia chips to facilitate the development, training, and deployment of Anthropic’s upcoming foundational AI models. In exchange, Amazon’s cadre of developers and engineers will gain access to Anthropic’s models through Amazon Bedrock.
People Also Read: The Author’s Guild Launches Class-Action Lawsuit Against OpenAI
Then facilitating the integration of generative AI capabilities into a wide array of applications, business solutions, and customer interactions. “We have tremendous respect for Anthropic’s team and foundation models, and believe we can help improve many customer experiences, short and long-term, through our deeper collaboration,” said Andy Jassy, Amazon CEO.
From Anthropic’s perspective, “The agreement is part of a broader collaboration to develop the most reliable and high-performing foundation models in the industry.” Anthropic gained significant attention in March when they unveiled Claude, an AI competitor to ChatGPT described as friendly, truthful, and non-harmful.
By May, Claude demonstrated its ability to read, retain, and analyze 75,000 words in under a minute, enabling swift processing of entire books and prompt responses to intricate textual queries. Anthropic was founded in 2021 by former senior members of OpenAI with a company ethos of responsible AI usage. The company describes itself as “an AI safety and research company” that builds “reliable, interpretable, and steerable AI systems.”
In the earlier part of this year, Microsoft made substantial investments in OpenAI, aiming to bring any AI innovations resulting from their collaboration to the commercial market. Just last week, OpenAI introduced Dall-E 3, an AI-powered image generator, with intentions to integrate it into ChatGPT in the future. Simultaneously, Microsoft is rolling out Copilot AI for Windows this week and introducing an AI chip into the Surface Laptop Studio 2.