Amazon expands investment in AI company Anthropic to $4 billion

Amazon invested an additional $2.75 billion in humanthe total investment in artificial intelligence companies will be $4 billion.

New investment will be added. Initial investment Wednesday (March 27) said Amazon invested $1.25 billion in September, completing an investment of up to $4 billion the company had committed to at the time. press release.

“Anthropic has taken a visionary approach to using generative AI, recently introducing the cutting-edge Claude 3 family of models and combining them with Amazon’s best-in-class infrastructure. AWS Tranium And managed services like Amazon Bedrock further unlock exciting opportunities for customers to use generative AI to innovate quickly, securely, and responsibly. ” Swami SivasubramanianAmazon Web Services (AWS) Vice President of Data and AI said in a release.

As part of the agreement between the two companies, Anthropic is using AWS as its primary cloud provider, according to the release.

Additionally, Anthropic uses AWS Tranium to inference We have a long-term commitment to providing chips for future AI models and providing AWS customers with access to future generations of foundational models in fully managed services from AWS. Amazon bedrocksays the release.

Anthropic’s most powerful AI models, the Claude 3 family of models, are accessible on Amazon Bedrock. The models “demonstrate advanced intelligence, near-human levels of reactivity, increased maneuverability and precision, and new visual capabilities,” the release states.

“Generative AI is poised to become the most innovative technology of our time, and we believe that our strategic collaboration with Anthropic will further improve the customer experience,” Sivasubramanian said in a release. I’m looking forward to it.”

When Amazon announced its initial investment in Anthropic in September, the companies said it would be part of a larger investment. collaboration between them.

While Amazon’s $4 billion investment is large, it pales in comparison to its more than $10 billion investment. microsoft invested in OpenAI, AI startup and its manufacturer Chat GPT and Darui AI products, PYMNTS reported at the time.

Amazon, Microsoft, Google and others are partnering with and investing in today’s leading AI startups to provide the computing power and funding needed to power and train their underlying models.

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