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Cryptocurrency News Articles

Amazon Doubles Down on Anthropic AI Startup with an Additional $4B Investment

Nov 22, 2024 at 11:51 pm

Amazon has announced an additional $4 billion investment in Anthropic, the AI startup known for its Claude chatbot and advanced AI models.

Amazon Doubles Down on Anthropic AI Startup with an Additional $4B Investment

E-commerce giant Amazon has announced an additional $4 billion investment in Anthropic, a San Francisco-based AI startup. The latest funding round brings Amazon’s total investment in the company to $8 billion.

As part of the expanded collaboration, Anthropic will use AWS Trainium and Inferentia chips to train and deploy its future foundation models, while AWS customers will gain early access to fine-tune Anthropic models with their own data.

The partnership follows Amazon’s initial strategic partnership with Anthropic, which was announced last September. At the time, Amazon invested $4 billion in the startup and Anthropic designated AWS as its primary cloud provider.

“The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable,” said Matt Garman, AWS CEO.

“We’re excited to expand our collaboration with Anthropic, and as Anthropic unveils new capabilities in its AI models, AWS customers will continue to gain early access to these models.”

Anthropic has also announced new capabilities in its AI models, including the introduction of Claude 3.5 Haiku and the upgraded Claude 3.5 Sonnet, which feature advanced agentic properties such as computer-use capability.

News source:cryptobriefing.com

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