HomeNEWSAmazon unveils $4 billion investment in Anthropic AI

Amazon unveils $4 billion investment in Anthropic AI


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Today, a multi-national technology company, Amazon has entered into a strategic partnership with Anthropic AI start-up. The AI company while announcing the development in its blog post, revealed that Amazon invested about $4 billion in its project.

According to the announcement, the partnership will aid the research and expansion of new high-performing models. In addition, the joint effort will also enable Anthropic to secure access to Amazon cloud services (AWS) Trainium and Inferentia chips.

As part of its own commitment, Anthropic plans to offer enhanced support for Amazon Bedrock. The Amazon Bedrock is prominent for its ability to produce foundation models with secure model customization and fine-tuning for business. The Amazon team can also wield the Bedrock to build on Anthropic’s models.

According to reports, the deal also enables Amazon to take up a minority stake in Anthropic. The AI start-up has however noted that the development has not disrupted its management. As stipulated in the agreement, Anthropic is expected to carry out redeployment tests of new models to help manage the risks of increasingly capable AI systems.

Side Notes on Anthropic

Worth noting that Anthropic was established by the former team members of Microsoft-backed OpenAI, the creator of the viral AI chatbot ChatGPT. Since its establishment, it has earned the financial backing of a host of multinational giants.

Last Month, Anthropic secured an investment of $100 million from South Korean telecommunications giant SK Telecom. As revealed, the investment was channeled towards developing a multilingual Large Language Model (LLM) for SK Telco AI Platform.

The firm also took part in significant movements within the AI community. In June, Anthropic collaborated with Google, OpenAI, Microsoft, and others to form the “Frontier Model Forum”. As revealed, the forum came alive to self-regulate the development of AI. Likewise, Anthropic also participated in the AI development and regulation initiative organized by authorities in the United States. It also took part in a cybersecurity challenge to help strengthen its crucial infrastructure.

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Dare Ibitoye
Dare Ibitoye
Over the years, Dare has been a committed reporter in the field of cryptocurrencies. He is also interested in researching about the innovative projects within the blockchain space. During his spare time, Dare loves to listen to music and read about technological trends in the contemporary world

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