Wednesday, November 29, 2023

Amazon is betting on AI and investing in Anthropic

The artificial intelligence (AI) sector has witnessed a significant development in recent years, driven by notable developments such as DALL-E and ChatGPT. Microsoft took a big step by investing in OpenAI in early 2023, and Now Amazon is following the same path by backing AI startup Anthropic.

Amazon’s multi-million dollar investment in Anthropic

Amazon announced its investment in Anthropic of up to $4 billion, giving it a minority stake in this promising artificial intelligence company. The initial investment was worth 1,250 million dollars marks Amazon’s commitment to AI development.

Anthropic, considered a revelation in the field of AI, has attracted the attention of technology giants such as Google, which invested $400 million in the company in February 2023. Now, Amazon participated in this investment to promote Claude’s development is a direct competitor of ChatGPT that shows impressive performance.

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Anthropic has set an ambitious goal of raising $5 billion over the next four years, and this investment from Amazon puts it on a good path to achieving that. Like ChatGPT, Anthropic plans to launch a paid version of its chatbot

. Claude Pro, based on Claude 2, recently launched for $20 per month.

AWS as Claude’s main ally

The agreement between Amazon and Anthropic also includes an important role for Amazon Web Services (AWS), which to be Anthropic’s leading cloud provider for critical workloads. This partnership raises questions about Anthropic’s previous relationship with Google and its cloud platform.

A highlight of the deal is Anthropic’s access to Amazon’s Trainium chips, which are designed to train future versions of basic AI models and language models, such as Claude. That could have important implications for companies like NVIDIA

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who have become leaders in training AI models.

Amazon is changing its focus to AI

Amazon is reviewing its strategy in the field of AI. Initially, it presented itself as a facilitator for startups through its AWS platform and its API, Bedrock. However, This new step puts it in the same line as Microsoft with OpenAI.

Unlike Microsoft, Amazon does not have a comparable software catalog. Microsoft has integrated ChatGPT into various applications, while Amazon will focus on providing the most options and security. Its purpose is not exclusive, but the choice and protection of users.

Amazon’s investment in Anthropic demonstrates its commitment to the advancement of AI and its desire to stay at the forefront of this emerging field. The competition between the technology giants in the development of generative AI is far from over, and This movement promises to bring exciting innovations in the coming years.

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Nation World News Desk
Nation World News Desk
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