Amazon Spent $2.75 Billion On AI Startup Anthropic
The biggest giant company of the world, Amazon Spent $2.75 Billion On AI Startup Anthropic . It is big push from Amazon company in Generative AI in 2024 . It adds startup Anthropic AI to compete with others different artificial intelligence.
The tech and cloud giant said Wednesday , it would spend another $2.75 billion On AI Startup Anthropic adding to its initial $1.25 billion check . It is one of the largest investment of amazon for new AI Startup which is the foundation model and chatbox Claude competes with OpenAI and Chatgpt.
As per various reports, In september 2023 Amazon announced an investment of up to US $4 billion making an initial Investment of $1.5 billion and following it up with a $2.75 billion investment in march 2024. The world’s largest retailer and marketplace company , invest a huge amount for generative AI . This going to crazy in coming days as well as futures.
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The technology giant will maintain a minority stake in San Francisco based Anthropic , a rival of chatgpt maker Open AI
“Generative AI is poised to be the most transformational technology of our time and we believe our strategic collaboration with Anthropic will further improve over customer’s experience and look forward to what’s next , ” said Swami Sivasubramanian, Vice president of data and AI at Amazon web services or AWS Amazon’s Cloud-computing subsidiary.
About Anthropic AI
Anthropic is an AI safety and research company based in San Francisco . As per Wikipedia , it is an American Artificial Intelligence (AI) startup company founded by former members of OpenAI . Anthropic has developed a family of large language models name Claude.
Earlier this month , Anthropic launched Claude 3 , the latest generation of its AI Model . Amazon said Anthropic most advanced model in the Claude 3 family called Claude 3 opus outperformance OpenAI’s GPt-4 in reasoning math, and coding, among other benchmarks.
Also As per Investopedia, Amazon noted that as part of its collaboration with Anthropic , Amazon web serviceS (aws) customers have access to some of Anthropic’s top products through Amazon Bedrock , a managed service offering Foundation models for building generative AI applications on AWS.
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