On Friday, Anthropic announced that Amazon has increased its investment in the AI startup by $4 billion, bringing its total stake to $8 billion while maintaining its minority investor position. Anthropic makes Claude, an AI assistant rival to OpenAI's ChatGPT. One reason behind the deal involves chips. The computing demands of training large AI models have made access to specialized processors a requirement for AI companies.
Amazon Pours Another $4b Into Anthropic, Openai’s Biggest Rival
Benj Edwards, Ars Technica
Fri, 11/22/2024 - 12:32pm
BING NEWS:
- Amazon to invest another $4B in Anthropic as part of AI, chip collaboration
Anthropic’s latest funding round comes two months after OpenAI raised $6.6 billion in the largest startup investment on record. It also secured a $4 billion line of credit from a group of banks.
11/22/2024 - 7:54 am | View Link - Amazon pours another $4B into Anthropic, OpenAI’s biggest rival
On Friday, Anthropic announced that Amazon has increased its investment in the AI startup by $4 billion, bringing its total stake to $8 billion while maintaining its minority investor position.
11/22/2024 - 6:39 am | View Link - Amazon escalates AI arms race with additional $4B investment in OpenAI rival Anthropic
Amazon, which is Anthropic’s primary cloud partner, is fiercely competing with Microsoft and Alphabet’s Google to offer AI-powered tools for its cloud customers.
11/22/2024 - 3:39 am | View Link - Amazon pours another $4 billion into Anthropic, ramping up AI competition with Microsoft
Claude, Anthropic's AI chatbot, is similar to the ChatGPT technology produced by OpenAI, which Microsoft has poured $13 billion into. Amazon has looked to establish itself in the AI world with Amazon ...
11/21/2024 - 10:59 am | View Link - More
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