Amazon to invest an additional $4 billion in AI startup Anthropic

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Amazon to invest an additional $4 billion in AI startup Anthropic

Amazon is set to invest an additional $4 billion in Anthropic, an AI startup, increasing its total investment to $8 billion. This move reflects the growing trend among major tech companies to fund generative AI initiatives. Anthropic will now designate Amazon Web Services as its primary training partner, utilizing AWS chips for future AI model development.

The partnership highlights Amazon's commitment to advancing AI technology while maintaining a minority stake in Anthropic. The collaboration aims to enhance the development of foundational models that support AI services like ChatGPT and Google's Bard. Despite regulatory scrutiny, recent assessments indicate that the combined market share of Amazon and Anthropic does not warrant further investigation.

• Amazon's total investment in Anthropic reaches $8 billion.

• Anthropic names AWS as its primary training partner for AI models.

Key AI Terms Mentioned in this Article

Generative AI

Generative AI refers to algorithms that can create new content, such as text or images, based on training data.

Foundational Models

Foundational models are large-scale AI systems that serve as the basis for various applications, including chatbots.

Companies Mentioned in this Article

Amazon

Amazon is a leading technology company that invests heavily in AI and cloud computing services.

Anthropic

Anthropic is an AI startup focused on developing safe and reliable AI systems, founded by former OpenAI leaders.

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